The parties may also agree at any time to refer to mediation any difference and/or any dispute arising out of or in connection with the contracts. g) Delivery dates The contractual delivery dates for each vessel are as follows: Hull 1092 – 15 October 2024 Hull 1093 – 15 February 2025 Hull 1100 – 16 June 2025 Hull 1101 – 16 September 2025 h) Penalties for late delivery – per vessel The contractual penalties for late delivery, as liquidated damages payable by the shipyard to CMAL as the buyer, are the same for all four vessels: Day 1 – Day 30 £10,000 per day Day 31 – Day 90 £15,000 per day Day 91 – Day 135 £20,000 per day Maximum amount payable £2,100,000 If the delay exceeds 180 days, CMAL as the buyer may cancel the contract in question and claim repayment of the advance instalments of the price from the Refund Guarantor bank.