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Conrad Industries Delivers Towboat

Maritime Activity Reports, Inc.

October 31, 2006

Conrad Industries, Inc. is pleased to announce the delivery of the MV Kenneth Eddy to the US Army Corp of Engineers, Huntington District. The primary mission of the Towboat will be year-round mobilization of the Huntington District Repair Fleet Floating Plant to perform scheduled and emergency maintenance to 400 miles of navigable channels and navigable structures on the Ohio and Kanawha Rivers. The vessel was built at Conrad’s Orange Shipbuilding facility in Orange, TX and was delivered September, 2006. The Towboat measures 124’-8” x 33’-10” and has a full load draft of 8’-6”. Power is provided by two (2) Caterpillar 3512B main engines and the gears are Falk 2083MRH. The vessel is ABS classed and Orange has two additional similar vessels under construction also for the US Army Corp of Engineers, scheduled for delivery in 2007.

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