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SeaArk Granted Six Vessel Contract

Maritime Activity Reports, Inc.

March 2, 2000

Aluminum work and patrol boat builder, SeaArk Marine, was granted a contract by the U.S. Navy to construct six 40 ft. (12.1 m) Dauntless Class Patrol Boats. The boats are being bought by the Department of Defense - backing the PERU Riverine Program. The six vessels will be operated in Peru along the Amazon River, as well as other river systems, while the Peruvian Coast Guard will utilize the vessels for patrol and drug interdiction. With delivery scheduled to occur from June through November 2000, each SeaArk will include twin diesel inboard engines, comprehensive electronics package, berthing for four and weapons mounts.

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