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Crowley Promotes Clapp and Brown

Maritime Activity Reports, Inc.

February 25, 2004

Rinus Schepen, Senior Vice President and General Manager of Crowley's Latin America services announced that Rob Clapp has been promoted to Director of Pricing and Yield Management and Brad Brown has been promoted to Director of Finance for the Latin America liner services group. Both will remain domiciled in Jacksonville and report to Schepen.

In his new position, Clapp is responsible for all contract administration, pricing and yield management activities. He joined Crowley in 1988 as an accountant in the company's financial reporting department. Since then he has held positions of increasing responsibility within the Latin America liner services group, including Manager of Management Reporting, Manager of Planning and Director of Finance.

"Rob as been an integral part of the liner services team for over 10 years and we are proud to see him expand his role within the division," said Schepen said. "We are certain that he will continue to excel in his new role while bringing additional value to our customers."

Clapp earned a Bachelor of Science degree in Business Administration with a major in accounting from Jacksonville University.

As Director of Finance, Brown is responsible for managing the cost control, budgeting and financial analysis activities. He joined Crowley in 2001 as Information Technology's Product Development Manager responsible for both of the company's liner service business groups.

Prior to joining Crowley, Brown worked for IBM Global Services as a consultant and project manager. Before IBM, he worked seven years in various accounting and finance positions for several service and manufacturing companies.

"We welcome Brad to the Latin America team," said Schepen. "He has interacted with us in the past as our Product Development Manager and therefore has an understanding of our goals and operations. We are certain that he will quickly become an invaluable asset to our team." Brown graduated from East Tennessee State University with a BBA in accounting in 1986 and earned a MBA and a BS in Information Systems from the University of North Florida in 1995. He earned his CPA from the state of Georgia in 1988.

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