CARGA TICA INT'L INC.ORIG/REV ORIGPAGE 63
CANCELS CORRECTION No.
 EFFECTIVE DATE : 01/06/2006 
  
   
Between : U.S. Ports and Points and Worldwide Ports and Points

Rule Number : 24 : NVOCC’S IN FOREIGN COMMERCE : BONDS AND AGENTS

A.

BONDING OF N.V.O.C.C.’s :
 

1.

Whereas, this bond is written to ensure compliance by the Principal with section 19 of the Shipping Act (46.U.S.C. 40901-40904) and the rules and regulations of the Federal Maritime Commission relating to evidence of financial responsibility for OTIs (46 CFR part 515), this bond shall be available to pay any judgement obtained or any settlement made pursuant to a claim under 46 CFR 515.23 for damages against the Principal arising from the Principal’s transportation-related activities under the Shipping Act, or order for reparations issued pursuant to section 11 of the Shipping Act (46 U.S.C. 41301-41302, 41305-41307 (a)), or any penalty assessed against the Principal pursuant to section 13 of the shipping Act (46 U.S.C. 41107-41109).

2.

BOND NO. : 940511

3.

BOND ISSUED BY :

Avalon Risk Management, Inc.
10705 N.W. 33 RD Street
Miami Florida 33172

  

B.

AGENT FOR SERVICE OF PROCESS :

 

CARGA TICA INT’L INC., being a corporation incorporated under the laws of the State of Florida is domiciled in the United States and, therefore, the appointment of a resident agent is not required by law or regulation.