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Bollinger and Martin Midstream Sign Contract for Tank Barge

Maritime Activity Reports, Inc.

February 27, 2008

Bollinger Marine Fabricators, L.L.C., a Bollinger Shipyards, Inc. company, has signed a contract for the design and new construction of a 55,000 barrel (BBL) Oil Pollution Act of 1990 (OPA’90) compliant tank barge, with Martin Midstream Partners, LP. Contract terms and conditions were not disclosed. The announcement was made by Bollinger executive vice president of new construction, Chris Bollinger. The 55,000 BBL tank barge, M 6000, will be built at Bollinger Marine Fabricators, L.L.C., in Amelia, Louisiana. The M 6000 will be a clean oil barge that is classed and certified ABS + A1 Oil Tank Barge, Manned Ocean Services. The barge will measure 350-foot long, with a 70-foot beam and a depth of 25-feet. The barge is being built to meet the requirements of OPA’90, with ten (10) cargo compartments and two (2) separate pumping systems. The barge will be outfitted with the Bludworth Cook Marine ATB Flexible Connection System.

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