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Rigdon Christens M/V Chartes

Maritime Activity Reports, Inc.

October 27, 2004

Larry Rigdon, President and CEO of Rigdon Marine, said that the fourth vessel in its ten vessel contract has been delivered by Bender Shipbuilding & Repair Co., Inc. of Mobile, Alabama.

The M/V Chartes was issued a United States Coast Guard Certificate of Documentation (COD) for coastwise trade in the United States and is fully classed by the American Bureau of Shipping (ABS) for international operations.

Ms. Mary Rivers, Executive Assistant to Mr. Larry Rigdon since 1995, christened the M/V Chartes at Bender. “I am honored that Mr. Rigdon selected me to christen the ‘Chartres’ and introduce this new vessel into the most technologically advanced fleet now operating in the Gulf of Mexico,” Ms. Rivers said upon breaking the traditional champagne bottle against the ship’s hull.

The M/V Chartes was immediately deployed for work in the Gulf of Mexico. The vessel joins the MV Orleans, MV Bourbon, and the M/V Royal, which were designed by Guido Perla and Associates. The GPA 640 Diesel-Electric platform supply vessels are 210 x 54 x 19-ft. with ABS-certified dynamic positioning class 2 (DPS-2). The modern, streamlined hull is designed for fuel efficiency yet achieves top speeds of 13 knots fully loaded and 15 knots in light conditions.

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