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North Florida Shipyards Awarded MarAd Contract

Maritime Activity Reports, Inc.

January 13, 2000

American Overseas Marine Corporation (AMSEA), on behalf of MarAd, has granted North Florida Shipyards (Jacksonville), a contract to modify deck spaces of M/V Cape Wrath. With work encompassing the removal of six movable decks, and one fixed deck, three new fixed decks will be fabricated by the yard's affiliate - North Florida Shipbuilding - and installed in the cargo spaces. Additional modifications will be performed on fire stations, vent systems, lighting and hydraulic systems to serve the new deck areas.

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