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Sea Star, American Shipping Realign Leadership

Maritime Activity Reports, Inc.

April 7, 2010

American Shipping Group, Inc. announced the following organizational changes:  Frank Peake will join the American Shipping Group (ASG) as Vice President, focusing on strategic planning for all ASG companies operating in the Puerto Rico and Alaskan markets.  Steve Hastings has been appointed President of Sea Star Line.
 
“These organizational changes will allow us to best utilize the skill sets of these two very talented gentlemen.” said Tim Engle, American Shipping Group Chairman.  “Frank will be assisting me in shaping the future strategic vision of ASG. His background in strategic planning and his experience in both the Puerto Rico and Alaska markets, uniquely qualifies him for this new challenge. Frank’s contribution as President over the past six years has significantly enhanced Sea Star’s competitive position in the Puerto Rico market.”

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