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Marco Joins OceanConnect

Maritime Activity Reports, Inc.

January 14, 2003

OceanConnect President Tom Reilly announced that Mike Marco, former president and vice chairman of McQuilling Brokerage Partners, will join OceanConnect as a Senior Strategic Advisor effective January 15, 2003. "Mike Marco was a chief architect of one of the most highly successful ship brokerage firms. His shipping expertise is unparalleled. OceanConnect is honored to have Mike join our team. We look forward to working with him as OceanConnect adds more services that bring value to shipowners," OceanConnect President Tom Reilly said.

The collaboration will be an expansion of Marco's existing role at OceanConnect as author of the daily "Marcogram", one of the site's most popular features. "Wherever we go, we receive excellent feedback on his daily shipping insights and his readers are very glad that they will continue," Reilly said. "Mike's new strategic contribution will better enable OceanConnect to deliver a higher level of service to shipowners and suppliers." Marco brings experience with major tanker brokerage firms, and is a widely respected participant in industry forums. He retired in December 2002 from McQuilling Brokerage Partners, Inc, where he was Director, Vice Chairman, and former President. Previously he worked at Poten & Partners, Inc as manager of the tanker department; his career also includes stints at Simpson, Spence & Young, Jones & Thompson. Mike is a longtime Board Member of WorldScale and holds a Bachelor's of Science in Mechanical Engineering from the U.S. Merchant Marine Academy, King's Point, New York.

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