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Crowley Acquires Columbus Distributing Inc.

Maritime Activity Reports, Inc.

January 6, 2006

Crowley has acquired Columbus Distributing Inc. (CDI), a fuel distribution business based in Anchorage, Alaska. The newly acquired company will be known as Columbus Distributing Inc., a Crowley company. Crowley's Dorine Tessier will join the CDI team as general manager reporting to Craig Tornga, vice president, Alaska Fuel Sales and Distribution. CDI has served Alaska since 1959, and was founded by Joe Columbus, Sr. CDI has two business segments, wholesale fuel distribution and retail card lock service stations. The company handles approximately 26 million gallons of fuel annually. CDI allows Crowley to further strengthen its Anchorage operations and expand geographically onto the Kenai Peninsula and into Fairbanks. CDI, which will be included in Crowley's petroleum services business line, will remain headquartered in Anchorage and will continue with fuel distribution as its core business.

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