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Cougar Ace to Arrive Monday

Portland OR September 8, 2006 - The recently-righted cargo vessel, Cougar Ace, will arrive at the Columbia River mouth at approximately 10:00 a.m. Monday after its safe and list-free tow from the waters of Wide Bay near Unalaska Island, Alaska.

The Coast Guard and Mitsui O.S.K. Lines worked together to develop and execute a plan to tow the Cougar Ace to the Port of Portland. The vessel left Alaska September 1 after Vessel Class Society, Nippon Kaiji Kyokai, and Coast Guard inspectors there determined it was safe to make the trip. As part of the plan, Coast Guard and Coast Guard Auxiliary Flotilla 71 vessels will escort the Cougar Ace and provide a moving safety zone for the vessel as it transits the Columbia River between Astoria, Longview, and Portland/Vancouver, Ore. A Coast Guard representative will also board the tugboat towing the Cougar Ace to provide updates on the status of the vessel's progress to Coast Guard Sector Portland. Once the vessel arrives at Portland, it will undergo further inspections by Coast Guard Sector Portland and Vessel Class Society NKK.

The Port of Portland has existing auto-import facilities to offload and store the 4,800 autos, a longshore labor force experienced in auto-handling, and the ability to grant Foreign Trade Zone status for a portion of Terminal 6, which allows the company to store and service the cars there without payment of import duty until they are ready for delivery.

The Coast Guard is working closely with the Columbia River Pilots, Mitsui O.S.K. Lines, the Columbia River Bar Pilots, Crowley, Shaver Transportation, Norton Lilly and the Port of Portland to ensure the Cougar Ace's transit up the Columbia runs smoothly and limits interference with vessel traffic.

"This truly is a team effort with safety and protection of the environment being the primary focus among all parties involved," said Captain Paul Amos, President of the Columbia River Pilots. "We have dealt with these types of situations many times before, often with much larger ships. I have complete confidence in our ability to ensure the safe passage of this vessel to its berth."

"The Cougar Ace project really highlights the importance of strong partnerships between stakeholders in the maritime domain and marine safety. We rely strongly on the solid partnerships we have built throughout this port, and this operation is an example of that at work," said Captain Patrick Gerrity, Commander Sector Portland.

Taipei September 9, 2006 - The Pingdong-based fishing trawler Hsien-ta No. 1 and its allegedly mutinous crew pulled into Kao-hsiung Harbor early Thursday morning, just hours after the coast guard airlifted its captain to a hospital in Pingdong.

The Indonesian crewmembers were taken by coast guard officials for interrogation about an incident in which their Taiwanese captain Chen Wen-chen was allegedly pushed overboard.

One of the Indonesians -- who Chen had reportedly berated for not working hard enough -- is suspected of grabbing a stick and pushing Chen off the boat at 4 a.m. on Sept 1.

Chen survived by grabbing one of the floats on the boat's fishing net. Accounts have varied as to how long he was in the water, with some saying 24 hours and others saying two days.

When the crewmembers hauled in the net, they discovered Chen was still alive.

The Coast Guard Administration (CGA) dispatched a vessel to escort the fishing boat home when it was informed of the incident on September 4. The coast guard vessel met up with the Hsien-ta No.1 on Monday 440 nautical miles (815 km) southeast of Oluanpi. The suspected attacker was placed under arrest and Chen was airlifted back to Taiwan.

The other crewmembers said they were asleep when Chen went overboard, but felt that something was amiss when the suspect disappeared from deck as soon as they recovered Chen.

Su Ching-chuan, a doctor at An-tai Hospital in Pingdong, told reporters that Chen has said that he lost consciousness when he was attacked and had come to when he was in the water.

Chen had tied his hands to the float because he was afraid he would lose consciousness again and lose his grip, the doctor said.

He said Chen had sustained himself with rainwater and had prayed while waiting to be rescued.

Jeffersonville IN September 5, 2006 - American Commercial Lines Inc. (ACL) announced today that it has appointed Mr. Sam George to the position of Vice President of Environmental Compliance, Mr. James L. Adams to the position of Vice President of Governmental Policy and Mr. Mario A. Munoz to the position of Vice President, Regulatory Compliance.

Mr. George brings many years of chemical and environmental compliance knowledge to the Company. His most recent position was Vice President of Madison Chemical Co., where he managed all environmental and regulatory compliance programs as well as environmental consulting services. Mr. George has served as a Commissioner on the Indiana Emergency Response Commission and the Board of Trustees of the Clean Manufacturing Technology Institute at Purdue University. He is a graduate of Hanover College and a graduate of the University of Louisville Brandeis School of Law.

Mr. Adams brings an extensive background in transportation and public policy to the Company. His most recent position was Deputy Secretary of Transportation for the State of Kentucky. Mr. Adams previously worked as Resident Vice President of Kentucky State Relations for CSX, Assistant Vice President for Public Affairs for American Commercial Lines Inc. and Legislative Assistant for the U.S. House of Representatives. He also served in the U.S. Coast Guard in the Commandant's Congressional Affairs Office attaining the rank of Lieutenant. Mr. Adams holds a Bachelor of Science degree in Economics from James Madison University and a Master of Arts in Legislative Affairs from George Washington University.

Mr. Munoz has been promoted to the position of Vice President, Regulatory Compliance. Mr. Munoz joined ACL in 2001 and his most recent position was Director, Regulatory Affairs. He serves as Chairman of the congressionally authorized Towing Safety Advisory Committee, which advises the U.S. Coast Guard on regulatory issues relating to the inland and coastal towing industries. Mr. Munoz holds a Bachelor of Arts degree in Political Science and International Relations from the University of South Alabama and a Master of Business Administration from Bellarmine University.

Commenting on these appointments, Norb Whitlock, Executive Vice President for Governmental Affairs stated, "We are pleased and excited to make these appointments, which significantly increase our resources and support our desire to play a much greater leadership role in governmental policy, regulatory and environmental compliance. Jim Adams will use his vast transportation knowledge to help ACL and the industry build a more efficient and effective inland barge transportation system. Sam George will bring an extensive breadth and depth of environmental knowledge to work toward achieving Responsible Care Partner status with our chemical customers, and Mario Munoz will use his knowledge of the regulatory process to assist the Company and the industry to proactively improve maritime safety regulations."

Houston September 5, 2006 - Trico Marine Services, Inc. announced today that it has reached an agreement, effective September 1, 2006, to build two GPA 640, 210' offshore supply vessels for a total cost of approximately $35 million. The vessels will have diesel electric propulsion and class 2 dynamic positioning systems. Bender Shipbuilding & Repair Co., Inc. will build the vessels at its shipyard in Mobile, Alabama, with an expected delivery date for the first vessel in March 2008 and the second vessel in July 2008. The agreement guarantees the construction costs of the vessels as well as technical specifications and contains penalties for late delivery. Trico expects to fund construction costs related to each vessel from cash and cash flow from operations.

Trevor Turbidy, President and Chief Executive Officer of the Company, commented, "We are pleased to announce the construction of these vessels, which is consistent with our previously announced strategy of upgrading our fleet in a fiscally responsible manner. These vessels address our customers' operating requirements and will have the ability to work in almost any market in the world. We are delighted that Bender will be constructing the vessels and we have the utmost confidence in their ability to deliver the vessels on each of their expected delivery dates in 2008."

These vessels incorporate an additional deck level for increased accommodation of client personnel. Diesel-electric propulsion provides excellent fuel efficiency and lower operating costs for our customers. These unique characteristics will make the vessel attractive for global deployment including specialized disciplines such as seismic, ROV, and subsea applications.

Jacksonville September 6, 2006 - Crowley Maritime Corporation’s Vessel Management Services subsidiary has signed a contract with VT Halter Marine Inc. to build four more articulated tug-barge (ATB), 185,000-barrel tank vessels. The new vessels will have an estimated delivered cost of approximately $236 million, including owner-furnished equipment. The vessels will be delivered in six-month intervals between the first half of 2009 and the end of 2010.

The four new ATBs (Pride/650-7, Achievement/650-8, Innovation/650-9 and Vision/650-10) will be operated by Crowley’s petroleum services segment as they are completed. These four new vessels will bring Crowley’s total ATB fleet to 14, consisting of four 155,000-barrel and ten 185,000-barrel ATBs. Four of Crowley’s 155,000-barrel vessels, the Sea Reliance/550-1, Sound Reliance/550-2, Ocean Reliance /550-3 and Coastal Reliance/550-4 have each made more than 100 successful voyages and moved over 75 million barrels of product with zero spills in the last four years, averaging approximately 21 million barrels moved a year.

The first of the 185,000-barrel ATBs, Pacific Reliance/650-1 was christened at the end of March. The second vessel of this type, Gulf Reliance has been delivered and the 650-2, is under construction for Crowley at VT Halter’s facilities in Mississippi and is scheduled for delivery in the fourth quarter of 2006 while the remaining vessels contracted in 2005 (Resolve/650-3, Commitment/650-4, Courage/650-5 and Integrity/650-6) will be delivered by 2008.

"We have received extremely positive feedback from our customers on our ATBs," said Tom Crowley Jr., company chairman, president and CEO. "The first 10 ATB’s have all been chartered and we are extending the 650 series to meet additional demand for this class vessel as soon as possible. These vessels offer compelling economics and exceptional safety and performance."

Boyd E. King, VT Halter Marine’s CEO said, "This contract brings the combined value of Crowley’s projects with VT Halter Marine to almost $500 million. It is strong evidence of the solid partnership that has been forged between the two companies." An ATB has an articulated, or hinged, connection system between the tug and barge, which allows movement in one axis or plane in the critical area of fore and aft pitch. The four tugs being built under the new contract will be interchangeable with the other tugs in the company’s ATB fleet. The 185,000-barrel barges will be substantially identical to those currently under construction.

The new ATBs feature the latest systems technology and double-hull construction for maximum safety and reliability. Not only does the unit have the capability of transporting refined products, but it can also carry heated cargoes and easy chemicals, which require special arrangements of vents, stripping systems, pump components and tank coatings not required of product carriers.

All of Crowley’s ATBs are built under the ABS SafeHull program for environmental protection. This program puts the vessel design through an exhaustive review to identify structural loads and strengthen the vessel structure. The 650-Class barges will be 27,000 deadweight tons, 587 feet in length, 74 feet in breadth and 40 feet in depth. The fully loaded draft will be 30 feet.

There is an electrically driven cargo pump in each of the 14 cargo tanks to assure maximum cargo integrity and segregation flexibility; two anchor windlasses and associated equipment to enable the vessel to accommodate offshore mooring operations, and a vacuum system with three retention tanks to easily handle cargo changes. There is also a dual mode inert gas system and vapor collection system for maximum safety. An enhanced mooring system features 1,000-foot Spectra-type lines on split drums with a high-speed recovery rate of 100 feet per minute.

The tugs meet all SOLAS (Safety of Life at Sea) and ABS criteria, and have a foam capable fire monitor; twin heavy fuel engines; a noise reduction package and other upgrades to increase crew comfort. The communication and navigation equipment is among the most technologically advanced in the industry today.

World Maritime Day - 28 September 2006

London September 8, 2006 - Over 90% of all of the world's trade is carried by ships. From computers to clothes, food to oil, shipping is vital to the global economy. Shipping is the most environmentally friendly mode of transportation and the industry offers a wealth of careers both at sea and ashore. The historic ship Wellington, berthed between Blackfriars and Waterloo bridges, will be the venue for the celebrations to mark shipping's contribution on World Maritime Day.

The event will showcase the contribution made by UK based maritime institutions in support of the international shipping industry and to highlight the vital role of shipping in world trade. 34 leading shipping industry and associated international organizations will promote the latest technological developments and visitors, including young people from local schools, will get a chance to meet key players in the industry, drive ship simulators and gain a unique insight into the transportation of goods by sea.

Mr Efthimios Mitropoulos, Secretary-General of the International Maritime Organization, the only United Nations agency to be headquartered in London, will open the event. Also in attendance will be HRH The Princess Royal Princess Anne, the Lord Mayor of London, Sir Jonathon Band the First Sea Lord and Chief of the Naval Staff Admiral, John Astbury Chief Executive of the Maritime and Coastguard Agency, and Sir Stelios Haji-Ioannou, who founded easyJet and has had a very long association with shipping.

IMO Secretary-General Mitropoulos said that IMO was pleased to be associated with the event, which along with other events planned across the globe to mark World Maritime Day, would serve to raise the profile of shipping and its role in world trade and development.

IMO's theme for this year's World Maritime Day is "Technical Co-operation:

IMO's response to the 2005 World Summit", which was chosen to focus on the Millennium Development Goals (MDG) adopted by the United Nations as the world community's response to challenges such as hunger, disease and environmental degradation.

"Maritime activity has a key role to play in meeting the Millenium Development Goals, for shipping not only moves the world's burgeoning trade, but can also contribute substantially to sustainable development, while international commerce promotes production, job creation and greater socio-economic prosperity. And the combination of all these has, undoubtedly, the potential to lift people from hunger and poverty and also eradicate life-threatening diseases". Efthimios E. Mitropoulos, Secretary-General

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