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Crowley Expands Tug Business in Northern California

January 24, 2007

Crowley Maritime Corporation announced today that it has purchased the tug boat business of SeaRiver Maritime in Northern California, effectively doubling the size of Crowley's tug fleet in the San Francisco Bay Area. The two new Crowley tugs are the Goliah (4400 BHP) and Resolute (6800 BHP), two azimuth stern drive tractor tugs built in 1997 and 1996, respectively.

The purchase of SeaRiver follows Crowley's reentry into the Bay Area in 2004 and the subsequent relocation of Crowley's Oakland terminal from 10th Avenue to Berth 9 at the port in 2006. That move helped put the company's tugs closer to its customers and allowed them



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