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Mobile Heavy Lifter

April 15, 2004

Atlantic Marine extends rig repair capabilities

Atlantic Marine Inc., Mobile, Alabama, has extended its rig repair capabilities.

It has acquired a heavy lift barge, Mobile Heavy Lifter, which is now located at Atlantic Marine's Pinto Island facility.

The barge has a length of 393 ft, breadth of 131 ft and a lifting capacity of 19,000 tons. It enables the yard to handle offshore rigs, jackups and semis that, due to size restrictions, are currently unable to fit on Atlantic marine's largest dry dock, the 50,000 ton Alabama.

Ron J. McAlear, President of Atlantic Marine, Inc., called the addition of the heavy lift barge "part of our ongoing commitment to keep Atlantic Marine Mobile one of the premier shipyards in the United States. The Mobile Heavy Lifter assures that we are a complete, well rounded ship and rig repair facility equipped to meet all of our customers' repair needs."

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