Foss Announces New Executive to Support Growing International Oil and Liquified Natural Gas Projects

A new position at Foss that reports to Foss’ president and chief operating officer

SEATTLE, December 17, 2007 – Mike O’Shea has been hired as Foss Maritime Company’s Vice President of Oil Field Services, a new position that reports to Foss’ president and chief operating officer.

The new position was developed to meet Foss’ current and future oil and liquefied natural gas (LNG) customers’ needs and support large oil and gas projects in Alaska and other remote locations around the globe. O’Shea will be located in Anchorage, Alaska, to allow hands-on oversight and management of Alaska-based oil and LNG projects.

O’Shea, who has been on the job since November 15, has over 20 years of marine transportation experience. He most recently handled sales and operations management for major projects throughout Alaska and on the North Slope as director of business development for Crowley Maritime Corporation.

“Mike has the skill set and experience we’re looking for here at Foss,” said Gary C. Faber, president and chief operating officer of the Seattle-based maritime company. “We couldn’t be more pleased to have him with us.”