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Harvey To Construct Third Vessel

Maritime Activity Reports, Inc.

March 2, 2000

Harvey Gulf International has signed an agreement with a Louisiana shipyard to build a third vessel that will measure 135 x 40 x 21 ft. (41.1 x 12.1 x 6.4 m), and will be powered by two EMD Turbos with Kort nozzles. The vessel will be a sistership to the company's MV Harvey Titan, which was delivered in February 1998. The company, which has intentions to construct two more vessels that are still in the design stage, signed an additional contract during January for the construction of two 150 x 47 x 21 ft. (45.7 x 14.3 x 6.4 m) vessels.

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