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W&O Supply Secures Contracts with Industry Leaders

Maritime Activity Reports, Inc.

February 20, 2007

W&O Supply has secured contractual agreements with Transocean Offshore, Inc. and Teekay Shipping, two recognized leaders in the offshore exploration and marine shipping industries. The general service agreements designate W&O Supply as primary provider of marine valves and related products for Teekay Shipping’s fleet and Transocean’s offshore drilling rigs. W&O Supply’s reputation for distributing quality marine products quickly and efficiently were major factors in the company being awarded both contracts. Valves, pipe and fittings are critical components of ships and offshore rigs and their failure can lead to costly interruptions in operations. W&O Supply will enable Transocean Offshore and Teekay Shipping to service their vessels and rigs as needed by minimizing downtime through the supply of these critical items.

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