Crowley Expands Russian - U.S. Cooperative Presence

Crowley Maritime Corporation has expanded its international presence with the formation of Crowley Far East Services. This new company, formed and incorporated in Sakhalin State, Russia, on April 9, 2003, offers marine and shoreside logistics and transportation services to the energy and construction industries in the region. As a Russian company, Crowley Far East Services offers Russian and international marine transportation by drawing on a fleet of over 200 vessels, including some of the industry's most powerful oceangoing tugboats, and barges with heavy lift, breakbulk and ice breaking capabilities measuring up to 400 feet long and 100 feet wide. The new company will also charter local equipment and will use vessels operated under the Russian flag thus creating jobs and opportunities for Russian citizens while supporting the local economy. The new company provides marketing, operational support and infrastructure for current and future operations on Sakhalin Island and in the Far East. The formation of this company provides for increased local support and participation in Russian operations and allows for greater flexibility in responding to customer requirements in the region. As a 100 percent Russian company, Crowley Far East Services will be able to provide additional partnership opportunities and logistics services to both local and international customers in the Russian Far East. Crowley companies have operated in Sakhalin since 2001, with past projects including the delivery of the drilling structure Orlan from the U.S. and delivery and discharge of drilling cargo in 2002 at Chayvo Beach, Russia. Previous operations were carried out through a branch office of Crowley Energy Support Services located in Yuzhno Sakhalinsk. For additional information, please contact Crowley Far East Services in Yuzhno Sakhalinsk at +7 4242 480 716 or Crowley Far East Services' US affiliate at 206-332-8000.