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Ensco Marine Sells Tug Supply Boat

Maritime Activity Reports, Inc.

March 2, 2000

Ensco Marine of Broussand, La. has sold its anchor handling tug supply boat Ensco Giant to Odyssea Marine. The vessel was built in 1976 by Mangone Shipyard in Houston, Texas and was fitted with a Smatco DAW-250 double drum waterfall anchor handling/towing winch. The vessel will be renamed Odyssea Giant and used in offshore anchor handling and towing in support of the new owner's offshore construction business both domestically and internationally. This purchase increases Odyssea's fleet to 24 vessels. The sale was brokered solely by Marcon International Inc. To-date this year, Marcon has been involved in the sale or charter of a total of 10 vessel or barges. Sales are expected on six additional units within 60 days.

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