Kurz to be Honored with Award

Seafarers' House at Port Everglades, Florida, announces plans to recognize Gerhard E. Kurz as the 2003 recipient of the International Golden Compass Award. Gerhard E. Kurz, Chairman, President and Chief Executive Officer of Seabulk International will be honored for his outstanding contributions to the maritime industry at this year's prestigious gala dinner in Fort Lauderdale, April 5, 2003. Gerhard E. Kurz was named Chief Executive Officer and a Director in April 2000, President in September 2000, and Chairman of the Board in September 2002. Widely recognized within the international maritime industry, Mr. Kurz was formerly President of Mobil Shipping and Transportation Company (MOSAT), a Mobil Oil-affiliated company, from which he retired in March 2000.