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Rigdon Takes Delivery of M/V St. Louis

Maritime Activity Reports, Inc.

June 15, 2005

Larry Rigdon, President and CEO of Rigdon Marine, announced the delivery of the /V St. Louis, the eighth of ten GPA 640 platform support vessels being built at Bender Shipyard in Mobile, Alabama. Mrs. Hanan Harkness, wife of James Harkness, CFO of Rigdon Marine, christened the vessel before it was dispatched for contract work in the Gulf of Mexico. “As we near completion of the delivery of the ten GPA 640 PSVs, we are extremely pleased that the offshore industry has embraced our fleet,” said Rigdon. “The immediate deployment of the /V St. Louis reinforces the numerous advantages of the GPA 640 class of vessels. Our offshore mariners are skillfully utilizing the technology and capabilities of the GPA 640 to provide safe, reliable and professional service to our customers.”

Rigdon Maine is scheduled to take delivery of sister ships M/V Toulouse in June, 2005 and the M/V Eplande in August, 2005.

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