2007 USS AOTOS Awards Announced

The United Seamen's Service (USS) 2007 Admiral of the Ocean Sea Awards will be presented to James S. Andrasick, President and CEO of Matson Navigation Company, Inc., Morten Arntzen, President and CEO of Overseas Shipholding Group, Inc. and John F. Reinhart, President and CEO of Maersk Line, Limited.

The honors will officially be awarded at a gala dinner and dance to be held at the Sheraton New York Hotel and Towers, New York City, on November 2, 2007. John Bowers, Chairman of the USS AOTOS Committee and President of the International Longshoremen's Association, AFL-CIO, made the announcements.

"These three leaders represent a remarkable cross-section of the seagoing sector of our industry," said Mr. Bowers. "Jim Andrasick, Morten Arntzen and John Reinhart all are outstanding leaders in their own areas of liner services, tanker shipping and U.S. Department of Defense support operations-all excellent symbols of the American maritime industry."

Celebrating it's 125th anniversary, Matson Navigation is the principal carrier of containerized freight and automobiles between the West Coast and Hawaii, Guam and Mid-Pacific, and is the largest subsidiary of Honolulu-based Alexander & Baldwin, Inc. Overseas Shipholding Group is the only large tanker company with a significant presence in both the International Flag and U.S. Flag markets, and it has an established position in the Jones Act product tanker and crude tanker segments. Maersk Line, Limited operates 19 U.S. Flag Liner Vessels that are enrolled in the Maritime Security Program and is a long-term trusted partner with the U.S. Department of Defense providing support services and operating 29 vessels under vessel management contracts. Mr. Bowers added: "Our recipients have been selected by those who know them best, international transportation leaders who understand very well the challenges and issues which confront United States shipping and American seafarers and recognize their leadership in this area. We are happy to announce that we received the largest number of nominations in the history of the AOTOS awards."

Messrs. Andrasick, Arntzen and Reinhart led the field of nominees for the award, solicited by USS from over 150 maritime management, labor and government officials. All proceeds from the event benefit USS community services abroad for the U.S. Merchant Marine and other international seafarers. The recipients will share the evening with a group of American seafarers who will be honored for specific acts of bravery at sea. James Andrasick was named president and chief executive officer of Matson Navigation Company, Inc. on July 18, 2003. He joined Alexander & Baldwin, Inc., the parent company of Matson, in June 2000 as senior vice president, chief financial officer and treasurer. On April 25, 2002, he was appointed to additional duties as president and chief executive officer of Matson on an interim basis.

Mr. Andrasick serves as a trustee and is on the National Executive Committee of the U.S. Coast Guard Foundation, and is a director of the Pacific Maritime Association. He also is a trustee of Mills College, United Seamen's Service and of the San Francisco National Maritime Park Association. Mr. Andrasick is a graduate of the U.S. Coast Guard Academy, where he received a bachelor's degree in engineering. He also holds a master's degree in management science from the Massachusetts Institute of Technology. He is the third Matson leader to be honored by AOTOS-Robert Pfeiffer in 1985 and C. Bradley Mulholland in 1997.

Morten Arntzen was appointed president and chief executive officer of Overseas Shipholding Group, Inc. (OSG) in January 2004. He has been an OSG Board member since 2004. Prior to joining OSG, he was Chief Executive Officer of American Marine Advisors Inc., a U.S.-based merchant banking firm specializing in maritime industry merger and acquisition advisory work and corporate restructuring for a global client base.

Mr. Arntzen is a Board member of the Seaman's Church Institute in New York and New Jersey and is active with the American Bureau of Shipping and the American Maritime Association. He is Presiding Director of Chiquita Brands International, Inc., where he is Chairman of the Nominating and Governance Committee and a member of the Audit Committee. He holds a bachelor of arts degree from Ohio Wesleyan University and a master of international affairs degree from Columbia University. He is the first tanker operator to receive an AOTOS Award.

John Reinhart was named chief executive officer, Maersk Line, Limited on August 1, 2000 and President in April 2004. He joined Maersk Inc. in 1991 in Human Resources. In 1992, he began his career in Universal Maritime Services working his way up to President. Mr. Reinhart returned to Maersk in 1996 as a Regional Director and then as Senior Vice President. Mr. Reinhart is a member of the American Bureau of Shipping, Association of the United States Army, National Defense Industrial Association, United States Naval Institute Foundation, National Defense Transportation Association, Navy League, United Seamen's Service and The Propeller Club of the United States. He also serves as a member of Maersk's North American Container Business Council. Mr. Reinhart received his B.A. in Political Science from Ohio University and completed the Executive MBA Program at the University of Michigan in 1997.