News and Media

Crowley to Order 750 More 45-foot (102” wide) High-Cube Container/Chassis Combinations

(Jacksonville, Fla.; March 20, 2003) – Crowley Liner Services is continuing to invest in the expansion and modernization of its equipment fleet with the acquisition of 750 new and 45-foot (102 wide) high-cube container/chassis combinations. These new boxes and chassis are in addition to the 2,400 53-foot (102 wide) and 45-foot (102 wide) high-cube container/chassis combinations already received this year.

Crowley Maritime Corporation’s board of directors approved the long-term lease of this equipment at a meeting last week in Oakland, Calif. Equipment providers and delivery dates have not yet been finalized.

“We are continuing to put money back into the business in the form of new equipment and services,” said Tom Crowley Jr., Chairman, President and CEO of Crowley Maritime. “These types of improvements go a long way toward solidifying customer satisfaction and helping us to be the preferred carrier for so many shippers.”

The new containers, each with 3,268 cubic feet of capacity, will be deployed in Crowley’s Latin America and Puerto Rico/Caribbean Ro/Ro services, which include the countries of Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, the Dominican Republic, Puerto Rico, the Bahamas and Virgin Islands.

Like the containers delivered earlier this year, the 750 new boxes will be built to Crowley’s security specifications with hardware that allows for an additional bolt-type seal to lock the door to the doorframe. In addition, heavy-duty plating and special round-headed huck bolts will be used on the doors, making it especially difficult for anyone to gain illegal access.

In addition, the new boxes will bear new markings making them easier to identify as members of the Crowley fleet. The familiar red, blue and black logo remains on the front and back of each box, but on the sides the word Crowley has been affixed in large, white letters and the company web site address has been added.

Crowley Liner Services, headquartered in Jacksonville, Fla., is a subsidiary of Oakland-based Crowley Maritime Corporation and is part of its liner segment. The corporation, founded in 1892, is primarily family- and employee-owned, and is engaged in worldwide logistics, liner services, contract towing and transportation, energy support services, ship assist and escort services, vessel management and petroleum and chemical marine transport. Additional information about Crowley, its subsidiaries and business units may be found on the Internet at www.crowley.com.

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