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Crowley Promotes Warner

Maritime Activity Reports, Inc.

December 29, 2005

Crowley Maritime’s board approved the appointment of Dan Warner to Senior Vice President and Treasurer effective January 1. In his new position, Warner is responsible for the direction and management of the treasury activities of the total organization. He ensures that financial transactions, policies and procedures meet corporate objectives and regulatory body requirements. He also manages the corporate banking and investment functions and is responsible for negotiating all company-wide short and long-term debt financing. Warner will remain domiciled in Jacksonville, and will report to Bill Pennella, Crowley's Vice Chairman and Executive Vice President. Reporting to Warner are Senior Treasury Analysts Momodou Sallah and Jennifer Pope.

Warner began his career with Crowley in November 2001 as a Senior Analyst for the corporate planning group where he worked until his promotion to Director of Finance for the Logistics unit followed by a move to the Puerto Rico/Caribbean liner shipping unit. The board of directors approved his appointment to his prior position of Vice President and Treasurer in May of 2005.

Prior to joining Crowley, Warner held various finance positions including four years at Citigroup in New York culminating with his position as a Vice President of Finance. He has a Bachelors degree from Northwestern University and a Masters in Business Administration from Cornell University.

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