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FOSS MARITIME UNVEILS NEW WEB SITE

Marine transportation company underscores its customer focus with easy-to-navigate site and updated corporate identity

Seattle, November 2, 2006—Foss Maritime Company, a Seattle-based marine services company specializing in worldwide marine transportation and logistics, today announced that it is launching an updated web site at www.foss.com. The web site will feature a new logo—the first new Foss logo in over twenty years.

Foss has announced a number of new developments over the past year, most recently announcing Gary C. Faber as its new President & COO. Other developments included expansion into the US East Coast with the acquisition of Constellation Tug Company; improved range of services to include marine logistics and full-service naval architecture with the acquisition of Harbor Marine Group; and an enhanced focus on safety and the environment with the hire of its first Vice President of Health, Safety, Quality and Environment.

“The new web site and branding is really a reflection of the changes that are happening at Foss. They are part of a larger effort to get better at telling the Foss story; not just our history, but where we are going and how we are expanding and improving our service,” said Faber.

The new site offers customers a more comprehensive view of the complete range of Foss services—from assisting a single vessel into its berth in a harbor close to home, to managing the air-water-land logistics of a complex international project, to building new leading-edge vessels at its shipyard.

The web site development and company branding and logo design work was completed by Seattle-based marketing consulting firm, Aukema & Associates.

Founded in 1889, Seattle-based Foss Maritime offers a complete range of maritime services and project management to customers across the Pacific Rim, Europe, South America and around the globe. The company has harbor services and transportation operations in all major U.S. West Coast ports, including the Columbia and Snake River system. With one of the largest fleets of tugs and barges on the American West Coast, Foss is Always Ready, operating two shipyards and offering worldwide marine transportation, emphasizing safety and high-quality service.

Foss Maritime Company is part of Marine Resources Group, Inc. of Seattle, Washington. Marine Resources Group was established in 2000 by privately-held Saltchuk Resources, Inc. as a holding and support company for its investments in tug, barge and ancillary marine service companies.  MRG has one of the largest and most capable harbor and coastal tug and cargo barge fleets in the United States and offers a broad range of services.