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Bollinger Shipyards Updates Status

Maritime Activity Reports, Inc.

September 15, 2005

Bollinger Shipyards reports that it has been successful in re-opening Bollinger Quick Repair in Harvey, Bollinger Gretna, and Bollinger Algiers on the river. Ancillary services at each of these yards, such as the Electrical Shop, Machine Shops and Propeller Shop are also back in operation. These locations have restored power and services, and our employees are returning to work, building its workforce on a daily basis. Today (September 15, 2005) 33 of the company’s 40 dry-docks are in service. As a service to its customers, the company has started a Customer Hotline to assist its customers with questions and needs for services. In the event that they cannot get through, customers can call the hotline at telephone 985-532-7297.

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