2006 Yacht Rates, Terms & Conditions

The La Ceiba Shipyard is part of the U.S. Yachts Marine Free Zone. Foreign flags yachts do not pay sales tax (12%) or duty on any imported items sold.

Marine Travelift Rates (Lift and Launch): (including 3 free lay days)

Yachts to 35 Feet Length Overall …...........………...US$9.00 per ft

Yachts 36 Feet to 49 Feet Length Overall………….US$10.00 per ft

Yachts 50 Feet to 74 Feet Length Overall………….US$12.00 per ft

Yachts 75 Feet to 80 Feet Length Overall………....US$13.50 per ft

Yachts 81 Feet to 89 Feet Length Overall………...US$15.00 per ft

Yachts 90 Feet and Larger………………………Price on Application

Example: a 40 foot yacht would pay US$200 up 200 down for lift and launch including lift day, launch day and an additional lay day free.

Request special pricing for short-term lifts for inspection, surveys, etc.

Pressure Washing, Bottom Scraping Rates:

High-Pressure Pump Bottom Washing…………….US$2.50 per foot

Bottom Scraping……………………………………. US$2.00 per foot

Dockage Rates and Dry Storage Rates:

By the Day…………………….................... US.35 Cents per foot/day

By the Week ( in advance)..................,..... US 30 Cents per foot/day

By the Month ( in advance).......................US 25 Cents per foot/day

Vessels more than 30 days late in paying dockage or storage fees are charged the daily rate plus 50 USD late fee and 2% interest per month on unpaid balance.

Jib Crane to step masts, etc…US.$75.00 per hour minimum 1 Hr

Towboat (including crew)……US$75.00 per hour minimum 1 Hr

Mast Rack Storage*…………………………..…US$40.00 per month

*No charge is made to store mast alongside yacht.

Outboard Motor Storage…………………..……US$15.00 per month

Scaffold Rental**…………………………………..…US$7.00 per day

**Includes two staging ladders and one 12 foot plank

Blocking Yacht………………………………..US$2.00 per keel block

Jack Stand or Timber Supports……………….US$3.00 per support

Example: a yacht using 3 blocks and 6 jack stands would pay US$24.00

Power users are reminded that the shipyard cannot accept responsibility for power outages, low voltage or possible power spikes caused by the government power company. While these occurrences are rare, yacht owners should use appropriate protective measures on board.

Water Connection……………………………US$1.00 per day

Special Services:

FREE Internet-email Service, and Wi-Fi Free telephone Service to US & Ca.

Heated shower/toilet key deposit……………………………....US$5.00

Port or Merchant Marine Constancies… ………………....No Charge

Hull Thickness or Dampness Testing……….…..Price on Application

Launching Ramp Fees:

Self-launch on ramp (in/out)…………………...........US $8.00 each Annual Ramp Pass………………………………….............…….US $200.00

No Launching before 0700 or by reservation. The Shipyard is closed from 10:00 PM to 0600 Each Day. Please do not ask for exceptions.

Administration Fees, Taxes:

Foreign flag vessels are exempted from paying the 12 per cent Honduras government tax, any customs duty on goods or services purchased in or through the shipyard. All vessels of Honduras registry must pay the tax and duty. A 2% of invoice value for security, environmental compliance and free zone administration fee is added to all invoices.

1. – The Vessel (_____________________________) is hauled, stored and moved at the owner’s risk. Owner or Captain must direct placement of lifting slings and agree to their placement. No liability is accepted for interior bulkhead movement, or damage to the vessel while hauling vessel and blocking it in position..

2. - No outside competitive labor is permitted in the shipyard. Only approved licensed contractors are permitted to work on La Ceiba Shipyard property, including vessels moored at shipyard docks. Owners will be charged 25USD a day if they use unapproved outside labor. Labor is a service we provide at the shipyard. Attempts at employing local labor without permission will be considered a violation of this agreement and the owner puts himself or their self at risk as well as being charged 25 USD per day.

3. - Do-It-yourself work is permitted with specific yard approval only. Approval must be given prior to the commencement of any work on a vessel. Do it yourself work is totally at owner’s risk. The yard reserves the right to halt any work that can possible be a safety risk or hazard of any type.

4. - In the event the shipyard is unable to provide a specialized service or function, approval may be given to special contractors to operate temporarily in the shipyard. Only Contractors with current licenses for their particular specialty will be permitted. The owner will be charged a fee for each worker working on his vessel.

5. - In all instances, the shipyard reserves the right to provide all required labor and service to all vessels in the shipyard. Shipyard management must approve exceptions to this in advance. All services provided by the La Ceiba Shipyard are warranted. At no time shall the liability of the shipyard exceed the amount of its INDIVIDUAL TASK repair invoice to the specified vessel, ALL VESSELS MUST BE RETURNED TO THE LA CEIBA SHIPYARD TO RECEIVE AGREED UPON WARRANTEE REPAIRS.

Individual contracts between the vessel owner and AUTHORIZED contractors are warranted by the La Ceiba Shipyard. All materials used by Authorized Contractors must be purchased from the shipyard .

NO UNAUTHORIZED CONTRACTORS ARE ALLOWED IN SHIPYARD.

6. - All supplies associated with vessel repairs in the shipyard must be purchased through the shipyard chandlery. In the event the shipyard cannot provide a specialized item; shipyard management may grant an exemption.

7. -Only products and services purchased through the shipyard qualify for DUTY FREE and TAX FREE status.

8. - No paint spraying or sandblasting is permitted except by approved licensed contractors.

9. - Vehicles may be permitted in the shipyard temporarily only for loading or unloading. Vehicles must observe a 10kph speed limit. Vehicles enter the shipyard at their owner’s risk. The La Ceiba Shipyard accepts no responsibility for any vehicle damage.

10. - Areas around vessels must be kept clean. Garbage cans are provided and emptied regularly. Vessel scrap materials associated with repairs will be removed at the owners’ expense.

11. - Only designated yard personnel are permitted to move blocking, shoring or other hull supports.

12. - All charges associated with lift/launch are payable at the time the vessel is hauled. Invoices must be settled prior to vessel launching or leaving the shipyard. Payments are accepted in cash, approved checks on local banks or with VISA, MasterCard or American Express Credit Cards.

13. - Deposits are required for labor and materials needed for additional vessel work. A minimum deposit of 50% is required at the signing of a work order or the commencement of work on all shipyard projects. In the event of long-term projects, a progressive payment schedule will be developed and agreed upon.

14. - The La Ceiba Shipyard makes every effort to make sure our clients vessels are safe and secure. We provide 24 hours security by contracted armed security services. We have well lighted storage areas and docks. We are a free zone so there by have a closed shipyard to all but those persons having business with the shipyard or boat owner clients, captains and crews. Our Security Service is required to make their rounds hourly and log into our new security system. Occasionally, but very seldom, there is an unexplained loss to one of our clients vessels. We can not accept responsibility for any lost of stolen personal property or electronics, unless secured in our Customs Container. Removing valuable items from the vessel takes any incentive away for otherwise poor and honest people. Owners are encouraged to avail themselves of this service. An owner or Captain must take prudent measures to safeguard their property as at any marina or shipyard.

15. – It is agreed that any vessel abandoned at the La Ceiba Shipyard for more than 12 months with out contacting Shipyard Management and paying dockage or storage fees become the property of the shipyard. The shipyard is authorized to sell these vessels at auction and recover money owed to the shipyard. The balance of any money will be held in an escrow account for the owners should they return in the future.

16. Owners or Captains must deliver to the shipyard their Original Vessel registration and a Copy of their passport upon initially registering at the shipyard

- This agreement is subject to the laws of Honduras. Any disputes will be adjudicated in Honduran Courts.

ACCEPTED: (OWNER) U.S. YACHTS –LACEIBA SHIPYARD

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Dated, this _________day of_________________, 2006

La Ceiba Shipyard And Marina

U.S. Yachts Marine Free Zone

Box 1087 – Puerto Muelle de Cabotaje

La Ceiba, Honduras, Central America

Telephone: 504/441-9426

504-408-9813

Cellular: 504-3370-6442

Email: laceibashipyard@gmail.com

www.laceibashipyard.com

R.T.N. #QEZGQO-4