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Norb Whitlock News

22 Apr 2004

Frasher Steps Down as ACL CEO

American Commercial Lines LLC announced that Stephen A. Frasher will step down as President and CEO effective April 30, 2004. ACL will make the following executive changes on that date. Richard L. Huber will assume the position of Chief Executive Officer of American Commercial Lines LLC. Mr. Huber has been a member of the ACL Board since 2000, and currently serves as its Chairman. Mr. Huber has over forty years of investment and merchant banking, international business, and management experience, having held executive positions with Chase Manhattan Bank, Citibank, Bank of Boston, and Continental Bank. He was most recently CEO of Aetna, Inc.

11 May 2004

ACBL Announces Appointments

Paul Brotzge has been named Vice President, Finance, Treasurer and Controller. He was previously Vice President, Finance and Controller. Brotzge has been with the Company for twenty-three years. Ben Huber has been named Vice President, Business Development. His previous position was Vice President, International. He joined ACL in August 2002. David Jahnke has been named Vice President, Dry Cargo Sales. He was previously Vice President, Grain Sales. Jahnke has been with ACL since 1992. Del Wilkins has been named Vice President, Vessel Operations. He was previously Vice President and General Manager, Gulf Coast Operations. Wilkins joined ACBL in November 1993. Paul Book has been named Director of Barge Maintenance. He was previously Director, Audit & Compliance.

10 Sep 2004

ACL Files Reorganization Plan

American Commercial Lines LLC and its affiliated debtors today filed their Joint Plan of Reorganization in the United States Bankruptcy Court, Southern District of Indiana, New Albany Division. ACL and its affiliated debtors, including American Commercial Barge Line LLC and Jeffboat LLC, filed for Chapter 11 protection on January 31, 2003. Richard L. Under the terms of the Plan, ACL will issue $225M in new Senior Secured Notes, and approximately $138M in new Junior Secured Notes in satisfaction of obligations to the Senior Secured Lenders. Five-year Maritime Lien Holder Notes will be issued to holders of maritime liens or in the alternative, a cash payout of as much as fifty cents on the dollar.

03 Jan 2005

Holden is New President, CEO of ACL

American Commercial Lines LLC (ACL) announced that Mark R. Holden was selected as President and Chief Executive Officer. Prior to joining the Company, Holden was Senior Vice President and Chief Financial Officer of Wabash National Corporation, where he held various officer-level positions for the past 12 years. In addition to his duties as the Chief Financial Officer, Mr. Holden served on the Board of Directors of Wabash National and in the Office of the Chief Executive Officer. As a member of the Office of the Chief Executive Officer, Mr. Holden oversaw a very successful turnaround and restructuring of the $1 billion industrial company. Prior to joining Wabash National in 1992, Mr. Holden spent 12 years at the international accounting firm of Arthur Andersen. Mr.

11 Jan 2005

ACL Plan of Reorganization Confirmed

The United States Bankruptcy Court, Southern District of Indiana, New Albany Division confirmed the Plan of Reorganization for American Commercial Lines LLC and its affiliated debtors. ACL and its affiliated debtors, including American Commercial Barge Line LLC and Jeffboat LLC, filed for Chapter 11 protection on January 31, 2003. Richard L. Huber, Chairman and Chief Executive Officer of ACL said "We are extremely pleased to complete this reorganization process. The implementation of our Plan of Reorganization provides the best possible recovery for our creditors and ensures the Company's future viability. Our efforts are now focused on completing the steps required to emerge from Chapter 11 on January 10…

05 Oct 2007

Whitlock,Wheeler Receive National Recognition

William N. “Norb” Whitlock and Kenneth A. Wheeler received the prestigious National Rivers Hall of Fame Achievement Award at the Waterways Council, Inc. Annual Meeting in Houston on October 1. This award is the highest honor presented by the National Rivers Hall of Fame to those people who are making significant contributions to America’s waterways. The National Rivers Hall of Fame with members in 36 states is the national museum telling the stories of the people of America’s rivers. The Hall of Fame is a part of the National Mississippi River Museum & Aquarium located on the banks of the Mississippi River in Dubuque, Iowa. William “Norb”…

24 Apr 2007

Coast Guard Investigates Vessel Collision

Two miles of Mississippi River are closed as Coast Guard investigators from Marine Safety Unit Baton Rouge respond to a vessel collision near Geismer, La. The tank ship Stolt Creativity and the Norb Whitlock collided, while crossing near Geismer. The collision resulted in one of the Whitlock's 16 barges, which was loaded with salt, sinking approximately 800 feet from the right descending bank. The river is closed for a two mile stretch between mile markers 182 and 184, and will remain closed until the Coast Guard is able to determine the location of the salt barge and if navigation through the area is safe. Both vessels were traveling up river at the time of the collision, which occurred just after 1:00 P.M.. No pollution or injuries resulted from the collision.

09 Oct 2002

Coast Guard, AWO Members Meet in Branson

Commanding Officers conference. At the meeting, Admiral Casto and his staff outlined Coast Guard proposals to reorganize the Eighth District, splitting much of the inland rivers and the Gulf Coast into two separate regions. The proposal would have the effect of recreating the old Second District, which was closed in a cost cutting measure in 1996. As a part of the previous reorganization effort, staff levels were cut. For instance, prior to 1995, the old Eighth District had Marine Safety Division staff of 27 people to cover the Gulf Coast. Today the division has only 25 people to cover the Gulf Coast and all of the inland system. Admiral Casto said that the new security responsibilities of the Coast Guard make the current structure unworkable.