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Gulf of Mexico Port Update

Maritime Activity Reports, Inc.

September 16, 2005

The U.S. Department of Transportation issued the following status report on ports affected by Hurricane Katrina:

Port of New Orleans: Operational to 42 feet Port of Fourchon: Operation to 24 feet

Port of Gulfport: Operational to 30 feet

Port of Biloxi: Operational to 9 feet

Port of Pascagoula: Operational to 36 feet

Port of Mobile: Operational to 43 feet

Port of Fourchon: Operational to 24 feet

The Industrial Canal is open east of the Cowan/Lorraine bridge.

All major interstate crude oil, refined product, and natural gas transmission pipelines are operating

Louisiana Offshore Oil Port (LOOP) operating at 75% capacity.

Numerous reports of oil and gas leaks in the Gulf of Mexico. Some of these may be from pipelines. Damage assessments have not yet been conducted.

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