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CURRENT ISSUE

ARM MERCHANT SHIPS?
Should merchant ships transiting high risk areas carry small arms for defense against pirates?

Selected crew should be trained and have guns available
Professional armed security teams should be hired
No guns on merchant ships, ever

May 18, 2009

New leadership at VT Halter Marine

VT Halter Marine Inc. has announced the appointment of William (Bill) E. Skinner as Chief Executive Officer (CEO) and Paul J. Albert as Chief Operating Officer (COO).

Mr. Skinner, who has been with the company since inception, was appointed CEO on April 21, 2009. Prior to this appointment Mr. Skinner was VT Halter Marine's COO (2005-2009) and Senior Vice President of Vessel Operations (2002-2005). Mr. Skinner had held senior positions in the shipbuilding industry including President of Friede Goldman Offshore Division of Friede Goldman Halter (1997-2002), President of Alabama Shipyard, Inc following its acquisition by Atlantic Marine Holding Company (1989-1997) as well as President, CEO and Director of ADDSCO Industries (1985-1989) and President of Alabama Maritime Corporation (1979-1984).

Mr. Skinner holds a Bachelor of Science from the University of Mobile and is a member of the Society of Naval Architects and Marine Engineers, American Bureau of Shipping, American Welding Society and Propeller Club of the United States.

Before his appointment as COO, Mr. Albert was the company's Senior Vice President of Production. Mr. Albert joined

VT Halter Marine in 2002 and is currently the Vice Chairman of the National Shipbuilding Research Panel Executive Control Board.

"Bill and Paul bring with them a wealth of experience from their extensive exposure in the shipbuilding industry. Their tenures with VT Halter Marine have significantly contributed to its growth. We are confident that in their new positions, they will continue to positively impact the business and steer the company's future growth," commented General (Ret) John G. Coburn, Chairman and CEO VT Systems, Inc.

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