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Section 8 - Credit/Payment Procedures

EXTENSION OF CREDIT 800 

CCC at its option and subject to termination at its
election, may at any time or from time to time extend credit
to any user or other person conducting business with CCC.
This extension of credit shall be pursuant to provisions of
this tariff, or amendments thereof, by such user or other
person establishing and maintaining single transaction
annual surety bond with one hundred twenty-five percent
(125%) of maximum liability per single transaction or annual
maximum liability.  The form and content of such bond must
be acceptable to CCC's chief financial officer.  Further
extension of credit may be suspended or terminated by CCC,
subject to establishment of added or extended credit
acceptable to CCC's chief financial officer.  Extension and
continuation of said credit shall be conditional upon
payment of invoiced charges within thirty (30) days subject
to terms and conditions outlined in Sub-Rule 802 (Payment of
Charges) of this tariff.  Furthermore, CCC reserves the
right, at its sole discretion, to request funding in
advance, prior to vessel arrival.


PAYMENT OF CHARGES 802 

All charges incurred under the provisions of this tariff are
due upon receipt of said services unless satisfactory credit
has been previously established by the customer with the
CCC's chief financial officer.  If credit is extended, all
tariff charges must be paid in full within thirty (15) days
from the date of the invoice.  Customers with account
balances older than thirty (15) days will be classified as delinquent.  
Any deliquent customer shall immediately and automatically 
have credit privileges revoked and the collection fee will not apply.



DELINQUENT LIST AND CHARGES 806 

All parties subject to the provisions of this tariff placed
on the delinquent list shall immediately be denied further
use of all CCC facilities until all delinquent invoices are
paid in full.  Delinquent invoices are subject to an annual
interest rate of 12%, or a minimum charge per invoice of
$5.00, whichever is greater.

Should it become necessary to retain a third party
collection service with respect to delinquent invoices, an
additional charge of 5% of the balance of each invoice
outstanding, with a minimum charge per invoice of $100.00,
shall apply to cover the cost of the collection effort.


VALIDITY OF CHARGES 808 

Should there be any questions with regard to the validity of
any invoice issued by CCC, the matter must be reduced to
writing and sent certified mail to CCC, Accounts Receivable
Department, 1555 Poydras Street, Suite 1600, New Orleans
70112, within thirty (30) days after presentation of the
invoice in question.  Any invoice not questioned within this
thirty (30) day period will be considered valid and final.


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The Jackson Kearney Group
1555 Poydras Street, Suite 1600
New Orleans, LA 70112
Phone: (504) 587-1100 Fax: (504) 587-1101