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Conrad Industries to Barges for Foss Maritime

Maritime Activity Reports, Inc.

November 14, 2006

Conrad Industries, Inc., announced the signing of a contract with Foss Maritime Company for three 35,000 bbl. double skin barges that will be equipped as bunkering barges for their west coast operations. These 290 x 62 x 18 barges will be built at the company’s Orange, Texas facility. “These state of the art bunker barges will provide an unsurpassed level of environmental protection in the harbors they will serve. With double hulls, vapor canisters to process cargo emissions and a gauging system that provides three levels of redundant overfill protection, our expert crews will have the best possible tools to deliver our customers fuel oil safely,” said Gary Faber, President & Chief Operating Officer of Foss Maritime Company.

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