Crowley Expands Scholarship Program to Nicaragua, Exemplary Student Awarded First Scholarship

(JACKSONVILLE, Fla.; Feb. 1, 2011) – Crowley’s commitment to education and to the countries that it serves was evident recently as the company expanded its Thomas B. Crowley Memorial Scholarship program to include college students in Nicaragua.Through a partnership with the Universidad de Ciencia Comerciales (Commerical Sciences University) in Managua, Nicaragua, Crowley will now offer a scholarship to one exemplary student per year in the country. While a new student will be chosen and awarded each year, the scholarship will be renewed for previous recipients until their graduation date. This month marked the first presentation of said scholarship in Nicaragua to Irene Carolina Real Jarquin.A native of Managua, Real Jarquin is a freshman majoring in business administration. She was chosen because of her strong academic records and financial need. Real Jarquin expressed her gratitude for the award and reiterated her commitment to taking advantage of the opportunity given to her by Crowley, saying that the scholarship would not only help her achieve her educational goals but would allow her to become a future leader helping her to make a difference in her country of Nicaragua.Since 1984, Crowley has provided more than $500,000 in scholarship funding for approximately 200 students studying at maritime academies and other select institutions. The company has also donated more than $2 million over the years to support other educational programs.In 1994, Crowley Chairman, President and CEO, Tom Crowley Jr., established the Thomas B. Crowley Sr. Memorial Scholarship Program, in honor of his father, who guided the company to extraordinary heights before passing away in 1994. The company continues to give scholarship dollars to deserving students in the U.S., Alaska and Puerto Rico. In 2006, the program expanded to Central America and to date has provided financial assistance to 30 students in that region.To learn more about the Thomas B. Crowley Sr. Memorial Scholarship or how to apply, visit www.crowley.com and click on the “About Us<In Our Communities” section.Jacksonville-based Crowley Holdings Inc., a holding company of the 119-year-old Crowley Maritime Corporation, is a privately held family and employee-owned company. The company provides marine solutions, transportation and logistics services in domestic and international markets by means of six operating lines of business: Puerto Rico/Caribbean Liner Services, Latin America Liner Services, Logistics Services, Petroleum Services, Marine Services and Technical Services. Offered within these operating lines of business are: liner container and breakbulk shipping; logistics; contract towing and transportation; harbor ship assist and tanker escort; energy support; salvage and emergency response through its TITAN Salvage subsidiary; vessel management; vessel construction and naval architecture through its Jensen Maritime subsidiary; government services, and petroleum and chemical transportation, distribution and sales. Additional information about Crowley, its subsidiaries and business units may be found on the Internet at www.crowley.com.

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