Crowley to Build 400 x 105 ft. Deck Barges

Maritime Activity Reports, Inc.

February 17, 2006

Crowley has awarded a two-barge construction contract to Gunderson Marine of Portland, Oregon, with the first vessel to be available for service in early 2007. The new construction of these two Heavy Lift Series 400 x 105 ft. deck barges to handle project work for the offshore energy industry in the Gulf of Mexico will expand and keep current Crowley's fleet for customers of the company's marine services business segment.

Crowley's new Heavy Lift Series 400-x 105 ft. barges will provide both the capacity and deck strength needed to accommodate the favored larger units for deepwater development. The barges will also be suitable for use in other regions, including Alaska, where Crowley has regularly performed summer sealifts to the North Slope.

Crowley's new barges will be classed by the American Bureau of Shipping and receive certification from the United States Coast Guard.

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