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A.  Bonding of NVOCC

    1. Carrier has furnished the Federal Maritime
       Commission a bond in the amount required by CFR
       515 to ensure the financial responsibility of
       Carrier for the payment of any judgement for
       damages or settlement arising from its
       transportation related activities or order for
       reparations issued pursuant to Section 11 of the
       Shipping Act, 1984 or penalty assessed pursuant to
       Section 13 of the Act.

    2.  Bond No.:   KMS52005 (Avalon Account#: FIATA1497)


    3.  Issued By:  

GREAT AMERICAN ALLIANCE SOUTHWEST MARINE AND GENERAL INSURANCE COMPANY

(An Ohio Corporation)ARIZONA

Underwritten By: Avalon Risk Management

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