Chouest AHTS time chartered to support SBX-1

Edison Chouest subsidiary Alpha Marine Services, L.L.C., Galliano, La., is being awarded a $25,266,636 firm-fixed-price contract for the time charter of M/V Dove, a U.S.-flagged, anchor-handling, towing supply vessel that will be used to support the Sea-Based X-Band Radar Platform, also called SBX-1, which is a converted semisubmersible, originally built in the Vyborg shipyard in Russia to serve as a MODU

M/V Dove will transfer fuel, supplies, and offshore workers to and from SBX-1, and will function as the oil spill response vessel for SBX-1. Alpha Marine Services will operate and maintain M/V Dove for the duration of the charter. This contract includes four one-year option periods, which, if exercised, would bring the cumulative value of this contract to $146,986,164. Work will be provided in the Pacific Ocean, and is expected to be completed by September 2012. Contract funds are subject to availability in fiscal 2012 and will expire at the end of that fiscal year, or fiscal 2013. This contract was competitively procured via a solicitation posted to the Military Sealift Command, Navy Electronic Commerce Online, and Federal Business Opportunities websites with more than 100 companies having access to the solicitation, four offers were received. Military Sealift Command, Washington, D.C., is the contracting activity.

September 19, 2011