IFB NO. 05-061B
GOVERNMENT OF HONDURAS TENDER DATED OCTOBER 27,2005
TENDER RESULTS

MARIE FLOOD - U.S FLAG
OWNER: TECO OCEAN SHIPPING
CARGO: 24,000 MT BULK CORN

L/P: 1/3 SB EACH 1/2 SP U.S. GULF
D/P: 1/2 SB PUERTO CORTES, HONDURAS

FREIGHT RATES: USD 65.88 PMT
ONE WAY RATE: USD 58.58 PMT

PREMIUMS: ADDL USD 4.00 PMT FOR MISSISSIPPI RIVER LOAD;
ADDL USD 2.00 PMT FOR MYRTLE GROVE LOADING;
ADDL USD 3.00 PMT EACH ADDL L/B;
ADDL USD 7.00 PMT EACH ADDL L/P.