AMENDMENT TO EMPLOYMENT AGREEMENT


     THIS  AMENDMENT TO EMPLOYMENT AGREEMENT (the "Amendment") is
entered into as of August 8, 2006 by and between Seaboard  Marine
Ltd.,   a  Liberian  corporation,  together  with  any  successor
thereto, the "Company," and Edward A. Gonzalez ("Executive").

                      W I T N E S S E T H:

     WHEREAS, the Company and Executive entered into that certain
Employment Agreement ("Employment Agreement") dated as of July 1,
2005;

     WHEREAS,  said Employment Agreement continues in full  force
and effect;

     WHEREAS,   the  Company and Executive desire  to  amend  the
Employment Agreement, as set forth herein;

     NOW,   THEREFORE, in consideration of the premises  and  the
mutual  covenants and promises contained herein, and for  further
good and valuable consideration, the Company and Executive hereby
agree as follows:

     1.   Amendment to Paragraph 2.  Paragraph 2.(a) of the Employment
Agreement is amended and restated to read as follows:

          (a)    Term  of  Employment.   Unless  Executive's
     employment   shall   sooner   terminate   pursuant   to
     Section  8,  the  Company  shall  continue  to   employ
     Executive on the terms and subject to the conditions of
     this  Agreement for a term commencing on July  1,  2005
     (the  "Commencement Date") and ending on the date which
     is   five  (5)  years  after  the  Commencement   Date,
     provided, however, on each annual anniversary  date  of
     the  Commencement Date (an "Annual Anniversary  Date"),
     Executive's employment hereunder shall be deemed to  be
     automatically  extended,  upon  the  same   terms   and
     conditions  for  five  (5)  years  after  such   Annual
     Anniversary Date, unless the Company shall  have  given
     written notice to Executive, at least thirty (30)  days
     prior  to  the  expiration of such  Annual  Anniversary
     Date,  of  its  intention not to extend the  Employment
     Period  (as  defined below) hereunder.  Notwithstanding
     the foregoing, unless mutually agreed to by the Company
     and  the  Executive,  Executive's employment  hereunder
     shall under no circumstances extend beyond December 31,
     2030.  The period during which Executive is employed by
     the  Company pursuant to this Agreement, including  any
     extension  thereof  in accordance  with  the  preceding
     sentence,  shall  be  referred to  as  the  "Employment
     Period."

     2.   Agreement Continues in Effect.  Except as set forth herein,
the  Employment Agreement shall continue in full force and effect
pursuant to its terms.



     3.   Miscellaneous.   This Amendment shall be  governed  and
construed  in accordance with the laws of the State  of  Florida,
without  reference  to  principles of  conflict  of  laws.   This
Amendment   may   be  executed  in  counterparts  (including   by
facsimile), each of which shall be deemed an original, and all of
which together shall constitute one and the same instrument.

     IN  WITNESS  WHEREOF,  the Company has  duly  executed  this
Agreement  by  its authorized representative, and  Executive  has
hereto set his hand, in each case, effective as of the date first
above written.

                                   SEABOARD MARINE LTD.



                                   By:  /s/ Robert L. Steer
                                        Robert L. Steer, Vice President


                                   EXECUTIVE:



                                   By:  /s/ Edward A. Gonzalez
                                        Edward A. Gonzalez

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