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ABS Elects Carlsson, Wolcott and Goulandris to Board of Directors

Maritime Activity Reports, Inc.

April 24, 2002

Lars Carlsson, president, Concordia Maritime AB; Douglas Wolcott of Wolcott Associates; and Peter George Goulandris of Capeside Steamship Company Ltd., were elected to the ABS Board of Directors, by the ABS Council, following yesterday's Annual Members Meeting of the classification society in New York. All three have a long association with the governance of ABS and have previously served on the classification society's Board.