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ISLA CORONADO

April 9, 2009

Marcon brokers AHTS sale

Marcon International, Inc., Coupeville, Washington says that TMM Division Maritima S.A. de C.V. of Mexico has sold the 1982 built anchor handling tug supply vessel "Isla Coronado" to private buyers.

The 3,900 BHP, Mexican flagged, AHTS was originally built by Halter Marine of New Orleans as the "Petromar Norseman", one of five ABS classed sister-vessels, for Petromar Offshore Corp. of Rockport, Texas. The vessel was taken over with the rest of the fleet by the U.S. Maritime Administration during the last big industry downturn in the mid-1980's. After 1991 she traded as the "Pike" at various times for Compagnie Nationale de Navigation (CNN) and Seacor before being picked up by TMM in 1999 and operated in the Mexican Gulf out of Ciudad del Carmen.

The 185 ft x 40 ft x 14 ft, 1,200 ltdw vessel is powered by a pair of EMD 16-645C diesels driving fixed pitch propellers providing approx. 49 tonnes of bollard pull and a free running speed of abt. 14 knots. "Isla Coronado" is fitted with a 300 HP bow thruster and a Smatco 66 DAW 200 double drum towing and anchor-handling winch. It can accommodate up to 18 persons on board.

The vessel was reflagged to Panamanian registry upon her delivery to the new owners.

Marcon acted as the sole broker in the transaction. So far, Marcon International Inc., as shipbrokers, has sold or chartered ten vessels and barges during 2009. Sales of five additional vessels and barges are expected to be concluded within the next three weeks.


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