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Coughlin Wins Bisso Safety Award Drawing

Maritime Activity Reports, Inc.

January 12, 2009

Pictured left to right: Mauricio Garrido, VP Salvage; Stephen Loeb, CFO; Tommy Gibilterra, VP Offshore Construction-Pipeline; Sean Coughlin; Beau Bisso, President/COO; Glenn Posik, Project Manager and Mark Diamond, Jr., Project

Pictured left to right: Mauricio Garrido, VP Salvage; Stephen Loeb, CFO; Tommy Gibilterra, VP Offshore Construction-Pipeline; Sean Coughlin; Beau Bisso, President/COO; Glenn Posik, Project Manager and Mark Diamond, Jr., Project

Bisso Marine announced that Sean Coughlin is the winner of the inaugural Bisso Marine Safety Award Drawing.

Coughlin was selected from a pool of 166 eligible employees. To be eligible for the drawing, an employee must be employed by the company for the entire calendar year without having had an accident, safety infraction, negative performance review, or disciplinary write-up. Coughlin was given the choice of selecting a new Mako 1901 bay boat with a 150 hp engine; a new Nitro Z-7 bass boat with a 150 hp engine, or a new Toyota Tundra V8 double cab pick-up truck.

Coughlin, an Assistant Salvage Master and Diving Supervisor, has been a valuable member of the Bisso Marine team since 2004. The company's effort to improve safety has resulted in a 33% reduction in Bisso Marine's 2008 Total Recordable Incident Rate.

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