Yacht transport with DYT is now more attractive and cost effective with the introduction of a new and expanded insurance program. Any yacht owner booking marine transportation with DYT will have the benefit of a complete insurance package through Nausch, Hogan & Murray, Inc. - a well-recognized insurance brokerage firm in the marine industry, with offices around the world.

A uniquely tailored insurance program has been carefully designed to make your yacht shipping experience safe and simple. As a result of DYT's excellent safety record, premiums for cargo insurance have been substantially reduced, coverage has been broadened, and the benefit of these savings and protection are being passed on directly to the yacht owner. DYT insures the voyage at no extra charge to the yacht owner, reducing the total cost of marine transportation and giving the yacht owner the comfort and convenience of "one stop" shopping. This approach saves you time and money as DYT handles it all for you.

CARGO AND LIABILITY INSURANCE PROGRAM

Once a yacht owner books a voyage with DYT, insurance for the voyage is automatically included up to the declared value of the yacht. The protection afforded by our program for Liability and All Risks of Physical Loss or Damage to the yacht attaches from the moment a yacht passes DYT's stern at loading port and continues through and including transshipments until unloading at the discharge port.

As of 2006, our insurance program has been expanded to provide even broader insurance coverage to all of our yachts, including operating machinery damage during loading and unloading. In addition, our insurance program now also provides:

DEBRIS REMOVAL: The cost of debris removal in the unlikely event of an accident that requires the removal and disposal of debris of the yacht, or any part thereof, is covered through the insurance program in addition to the physical loss to the yacht.

INSTITUTE WAR AND STRIKES CLAUSE 281: Provides coverage for any physical loss or damage resulting from war, civil war, revolution, capture, seizure, arrest, as well as from strikers, locked-out workmen, or persons taking part in labour disturbances, riots or civil commotions.

LIABILITY: The program now includes liability protection for all yacht owners, riders and crew, up to $10,000,000 USD.

VOYAGE LIMIT: Each voyage is insured for the total declared value up to $150,000,000 USD, an amount sufficient to ensure that all yachts on board DYT's carriers are properly protected.

DEDUCTIBLES:

Physical Loss or Damage: Any claim for physical loss or damage is subject to a Deductible $5,000 USD per yacht per voyage, regardless of the value declared. In many cases, the $5,000 USD deductible is considerably less than the deductible on yacht owners' operating policies.

Liability: Any claim for coverage under the liability policy is subject to a $10,000 USD deductible.

WAIVER OF SUBROGATION: Because all declared yachts are protected under the same insurance program, underwriters have waived subrogation against all assureds, thereby eliminating the potential of a subrogation claim against any yacht owner for physical loss or damage.

AFFORDABLE OPTIONAL PORT RISK COVERAGE: In response to our yacht owners' frequent requests for insurance for their yachts for short periods of time prior to or after transport, an Optional Port Risk Cover was exclusively designed for DYT customers at an additional nominal cost for values up to $10,000,000 USD. Any yacht owner interested in purchasing this port risk cover should contact Nausch, Hogan and Murray directly at +1 212 480 4200.

SECURITY: Security is provided by the following respectable underwriters: Fortis, St. Paul Fire & Marine, Lloyd's Syndicates, AXA, and XL Specialty.

CLAIMS: In the unlikely event of a yacht shipping claim, we request you to immediately report any damage to the loading master or Captain and thereafter forward the claim form to Nausch, Hogan & Murray as soon thereafter as possible, to ensure an expeditious and accurate handling of your claim.

BROKER: DYT's insurance programs for our marine transportation services have been arranged through Nausch Hogan & Murray and placed with highly reliable insurance companies in, amongst others, the United States, London and the Netherlands.

For further information contact:

Nausch, Hogan & Murray Inc.
180 Maiden Lane 28th Fl.
New York, NY 10038
United States of America

www.nhmurray.com

Tel. : +1 212 480 4200
Fax.: +1 212 480 2920 or 2902

or look at the Frequently Asked Questions with respect to voyage insurance.