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Vessel Sales Arranged by Marcon

Maritime Activity Reports, Inc.

August 17, 1999

Marcon International has reported the following sales, all arranged by the company. C & C Boats of Southern California has sold crewboat Irene T II (57 x 17.5 ft., built 1970 by Halter Marine) to Anchorage Launch of Portland, Ore. Anchorage will employ the boat in its ship services business on the Columbia and Willamette Rivers. C & C Boats has also purchased U.S. flag 120 x 24 ft. crewboat Miss Johnette, which was built 1988 by Breaux Bay Craft from Graham Offshore of Texas. C & C will reposition the vessel to the West Coast and operate her in the oil fields off California.

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