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Current Construction Projects Barges (3) 30,000 bbls. double hull petroleum barges, being built at Raymond and Associates of Bayou La Batre, Alabama (4) 30,000 bbls. double hull petroleum barges, being built at Conrad Shipyard of Amelia, Louisiana Tugs (2) 3,000 HP river style push boats, being built at Raymond and Associates of Bayou La Batre, Alabama (1) 3,000 HP conventional twin screw tug, being built at Halimar Shipyard of Morgan City, Louisiana (1) 5,000 HP tractor tug, being built at Diversified Marine of Portland, Oregon (2) 6,770 HP tractor tugs, being built at Nichols Brothers Boat Builders of Freeland, Washington Harley Marine anticipates the arrival of our new equipment and the expansion it will bring to our fleet. Our goal is and always has been to set the benchmark for quality operations by outstanding safe, responsible, reliable and efficient performance in the marine transportation and petroleum industries. SOUNDINGS Steady Growth Planned Over the Next Year as Harley Marine Expands the Tug and Barge Fleet with New Equipment. Harley Marine Services has initiated an aggressive growth strategy through the remainder of 2012 and early 2013 that will include the addition of seven new double hull petroleum barges and six new tugboats. The new equipment has been designed to specifically meet our customer requirements, regulatory and industry standards, as well as our internal environmental objectives and targets. The equipment is being built at several American shipyards across our nation that have been vetted for quality and credibility. Our in-house Build Team will oversee the construction at each shipyard to ensure the equipment is built to Harley Marine’s standards.
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Soundings August 2012 - Harley Marineharleymarine.com/soundings/2012-08August.pdfDr. Ramsey is a pioneer in developing new treatments to meet the needs of people with cystic fibrosis,

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Page 1: Soundings August 2012 - Harley Marineharleymarine.com/soundings/2012-08August.pdfDr. Ramsey is a pioneer in developing new treatments to meet the needs of people with cystic fibrosis,

Current Construction Projects Barges

• (3) 30,000 bbls. double hull petroleum barges, being built at Raymond and Associates of Bayou La Batre, Alabama

• (4) 30,000 bbls. double hull petroleum barges, being built at Conrad Shipyard of Amelia, Louisiana

Tugs • (2) 3,000 HP river style push boats, being

built at Raymond and Associates of Bayou La Batre, Alabama

• (1) 3,000 HP conventional twin screw tug, being built at Halimar Shipyard of Morgan City, Louisiana

• (1) 5,000 HP tractor tug, being built at Diversified Marine of Portland, Oregon

• (2) 6,770 HP tractor tugs, being built at Nichols Brothers Boat Builders of Freeland, Washington

Harley Marine anticipates the arrival of our new equipment and the expansion it will bring to our fleet. Our goal is and always has been to set the benchmark for quality operations by outstanding safe, responsible, reliable and efficient performance in the marine transportation and petroleum industries.

SOUNDINGS

Steady Growth Planned Over the Next Year as Harley Marine Expands the Tug and Barge Fleet with New Equipment. Harley Marine Services has initiated an aggressive growth strategy through the remainder of 2012 and early 2013 that will include the addition of seven new double hull petroleum barges and six new tugboats. The new equipment has been designed to specifically meet our customer requirements, regulatory and industry standards, as well as our internal environmental objectives and targets.

The equipment is being built at several American shipyards across our nation that have been vetted for quality and credibility. Our in-house Build Team will oversee the construction at each shipyard to ensure the equipment is built to Harley Marine’s standards.

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Dr. Bonnie W. Ramsey Christening On Monday, July 16th Harley Marine Services christened a 241-foot double hull petroleum barge, named DR. BONNIE W. RAMSEY at Zidell Marine Corporation in Portland, Oregon. Harley Marine is very honored to name this barge after a prestigious doctor, Bonnie Ramsey. OUR NAMESAKE As an internationally renowned researcher and clinician, Dr. Ramsey has contributed to dramatic improvements in the quality and length of

life for people with cystic fibrosis (CF) around the world. Dr. Ramsey is a pioneer in developing new treatments to meet the needs of people with cystic fibrosis, a genetic disease that affects about 30,000 people in the United States and 70,000 worldwide. Nearly 25 years ago, the life expectancy of CF patients was only 17 years. Now the life expectancy is in the late 30’s, and about half of all people with CF are adults. “Bonnie has had a profound impact on improving care for cystic fibrosis patients and her enduring dedication to curing this disease is an inspiration to us all,” said Robert J. Beall, Ph.D., President and CEO of the Cystic Fibrosis Foundation. Dr. Ramsey has been the cornerstone of cystic fibrosis clinical care and research at Seattle Children’s and the University of Washington for more than two decades. She played a vital part in Seattle Children's research that led to a breakthrough CF treatment: TOBI™, an inhalable form of an existing antibiotic called tobramycin that is delivered directly to the lungs, where it is needed most. TOBI is now virtually a standard treatment for CF patients. In addition, she played a critical role in the development of a breakthrough CF drug known as Kalydeco, the first drug to treat the root cause of cystic fibrosis. Dr. Ramsey was the lead author of a study on Kalydeco published by the New England Journal of Medicine in November 2011. An independent editorial

Dr. Bonnie W. Ramsey, our namesake

Doctor’s Paul and Bonnie Ramsey, Bill Gobel, Harley Franco, Father Newton and Jay Zidell

just before the launching.

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accompanying the Journal study heralded it as “a great victory in the war against genetic diseases and marks the end of the beginning for the treatment of the cystic fibrosis defect.” Dr. Beall chose Dr. Ramsey to design and lead the first-ever cystic fibrosis clinical trials network in the country, in 1998, and Ramsey continues as director of the program, the Cystic Fibrosis Therapeutics Development Network Coordinating Center. THE CHRISTENING We could not have asked for a better day in Portland, the sun was shining with a slight breeze, perfect for the Christening. Guests were welcomed under a party tent at Zidell’s shipyard with refreshments, a collage honoring Dr. Ramsey and great camaraderie amongst friends and colleagues. Before the formal commencement of the ceremony, a local Boy Scouts Troop presented the colors of the United States. Bill Gobel of Zidell Marine then welcomed our 200+ guests who included employees, vendors, customers, friends and family of Bonnie and supporters of Harley Marine and Zidell Marine. Bill introduced Jay Zidell, President of Zidell Marine Corporation, who spoke of the long-standing partnership between the two companies. Jay then turned the microphone over to Keith Barnes, Director of Barge Operations at Harley Marine Services who described in detail the vessel specifications and thanked all those that were part of the construction of the barge. Harley Franco, Chairman and CEO of Harley Marine Services and Lela Franco were introduced and took the time to thank Zidell for their quality of product and attention to detail in building the barge. They also explained their relationship and reason for naming the vessel after Dr. Bonnie Ramsey. Dr. Ramsey was also welcomed to the podium and had an opportunity to express her gratitude to Harley Marine Services; she is extremely honored to have this barge named after her. Guests then walked to the launching site, where Father Newton blessed the barge and Dr. Ramsey “whacked” the champagne. The barge was let loose from it’s way and slid into the Willamette River. The Christening was a wonderful celebration of an extraordinary Doctor and a warm welcoming of our newest vessel to the fleet. The barge will soon enter service on the U.S. West Coast delivering petroleum products for our customers. DR. BONNIE W. RAMSEY is a 241-foot double hull petroleum barge with a beam of 64.5 feet and a depth of 23.5 feet, her capacity is 31,500 barrels. We are so proud to have DR. BONNIE. W. RAMSEY operating within the Harley Marine fleet. We will continue “Cruisin’ for a Cure” until we can proudly name a barge CURE FOUND.

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To your Health; The Harley Marine Services Occupational Health and Safety (OH&S) initiative is based upon the British Standards Institute (BSI) OHSAS 18001 standard. The Occupational Health & Safety Assessment Series (OHSAS) 18001 was modified in 2007 to be compatible with the ISM standards 9001 and 14001. Harley Marine Services will receive the American Bureau of Shipping, ‘H’ notation as a result. Essentially, every Harley Marine employee’s job is to support and protect one another, in a safe and healthy workplace by reducing hazards, preventing injury and preventing ill health. Characteristics of a functioning OH&S program:

• Identification of risks in the work place • Identify processes to control risks • Execution of controls • Fewer number of incidents • Reduced lost time to injuries

The migration to electronic Safety Data Sheets (SDSs) is going very well. Daily, new SDSs are being added to our electronic library on the Vessel Communication Center (VCC). Our next initiative will be the introduction of the OH&S workbook. Everyone in the company will need to review the workbook and take a short quiz by August 20th. In order to stay green, the manual and quiz will both be available on the PAF System. Thank you for all of your unwavering support of the Occupational Health and Safety Initiative. Deborah Franco Vice President – HR, HSQE and Administration

Quality Systems: DPA Harley Marine Services will soon achieve the Occupational Health & Safety Assessment Series (OHSAS) 18001 certification through the American Bureau of Shipping. This certification places great emphasis upon hazard identification and the controls in place to mitigate risks. The OHSAS 18001 certification integrates seamlessly into our current ISM based Quality Systems. One area of integration is the Designated Person Ashore or DPA. The OHSAS 18001 certification requires a Management Representative to fulfill the same roles as the Designated Person Ashore that was created by ISM 9001 and 14001. Defined Roles of the DPA/Management Representative:

• Report directly to top management • Act as a liaison • Monitor the HQSE systems and pollution prevention • Ensure resources are available for Quality Systems • Verify that management systems meet the requirements of the ISM Codes • Ensure audits and management reviews are carried out • Ensure that investigations and non-conformities are addressed and lessons learned and corrective

actions are implemented • Report on the performance of Quality Management Systems • Ensure the awareness of customer, statutory and regulatory requirements

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August Birthdays

I am proud to announce that Harley Marine Services is the recipient of the Clean Air Action Plan Quality Excellence Award for Corporate Leadership from the Ports of Los Angeles and Long Beach. This award recognizes extraordinary efforts to improve air quality at the ports and our corporate leadership in the marine industry. We are the only tug and barge company to receive an award from the Clean Air Action Plan. The deciding committee was unanimously impressed with all that HMS has done with our comprehensive Environmental Management System (EMS) and all of the programs within that, which have contributed to the improvement of air quality. This is a major accomplishment that everyone should be very proud of. Please join me in celebrating our environmental accomplishments in Los Angeles. Deborah Franco Harley Marine Services *Pictured to the right and following on the next page are the awards and certificates Harley Marine Services has received because of this remarkable recognition.

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August Birthdays

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August Birthdays Harley Marine Gulf Nels Gorne 8/5 Clement Mabile 8/5 Joshua Beebe 8/10 Jon Walton 8/11 Dearl Richey 8/23 Harley Marine NY David Eisenberg 8/1 Kristen Steffensen 8/3 William Baffoe 8/9 Michael O’Donnell 8/27 Christopher Tranos 8/27 Harley Marine Services Scott Manley 8/6 Maurice Roberts 8/9 Rod Gullickson 8/11 Millennium Maritime Mark Fuette 8/8 Olympic Tug & Barge Aaron Jones 8/2 James Sellers 8/4 Kurt Zaverson 8/4 Brian Healy 8/7 Joel Gerstenberger 8/8 Chad Boulay 8/9 Ritchie Vogel 8/10 John Stromberg 8/13 Larry Holland 8/16 Hugh Maffett 8/17 Kelly Lindblom 8/19 Ron Kallinen 8/20 John Engle 8/24 Marek Kaszewicz 8/24 Sven Christensen 8/26 Alexander Marts 8/26 Chase Martinsen 8/28 Pacific Terminal Services Burton Nye 8/16 Kevin Buffum 8/22 Starlight Marine Services Frank Dignon 8/1 Lydia Zink Stultz 8/1 Elliott Talbot 8/5 Matthew Fike 8/6 Michael Limon 8/10 Robert Mather 8/15 Westoil Marine Services Jonathan Stanley 8/3 Bruce Ketchum 8/17 Robert Sperry 8/17 Adam Dalton 8/24

Please join me in congratulating Aaron Stedman of Harley Marine Gulf in becoming a grandfather.

Bailey Ariel Baker Birthday: July 6th Length: 18 ¼ inches Weight: 7 lbs. 10 oz. Aaron reports mother and baby are both doing great, congratulations!

THUMBS UP

• Thumbs Up to Ravi Sekhon for assisting the Accounting Department with a special project while in the Gulf visiting HMG.

• Thumbs Up to the Seattle based shoreside dock workers for cleaning up the outside of the office building, it looks amazing!

• Thumbs Up to Rosie Chavez for her exemplary work while gracefully managing an enormous influx of work in the Document Control process, Management of Change and Tier 1 update, and MOM updates.

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August Anniversaries

Harley Marine Gulf Preston Stelly 1 year Timothy Picou 1 year Cody Cameron 1 year John Hebert 1 year Harley Marine NY James Rogers 5 years Harley Marine Services Todd Prophet 15 years Jim Flies 6 years Scott Manley 6 years Michelle Belben 5 years Millennium Maritime Doug Houghton 12 years Anthony Lobro 8 years Charles Martin 4 years Olympic Tug & BargeAndrew O’Donnell 18 years Chad Boulay 12 years Brandon Chafe 12 years Scott Coleman 12 years James Berge 8 years Christopher Diecks 8 years Ron Kallinen 7 years Mark Sanders 6 years William Elton 5 years Richard Middleton, Jr. 5 years David Hanshaw 4 years Alexander Marts 4 years Leo Noel 4 years Robert Sortor 4 years Pacific Coast Maritime Mark Hurst 14 years Starlight Marine Services Michael Price 7 years Frank Dignon 5 years Blake Cowan 1 year Westoil Marine Services Michael Traughber 6 years Benedetto Baroncini 5 years Chad Millikan 4 years

Join me in welcoming…

Chloe Lynn Beck Birthday: June 12th Length: 19 ¾ inches Weight: 7lbs. 7oz. Proud Parents: Rebecca and Luke Beck. Luke is an

AB Deckhand at Olympic Tug & Barge.

Avianna Christina Lopez Birthday: January 17th Length: 20 inches Weight: 8lbs. 12 oz. Proud Parents: Cassie and Captain Pat Lopez with big brother Jace and big sister Gia . Pat is a Captain at Millennium Maritime.

is an

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Very few accidents happen due to a single cause and very few accidents occur

without some warning. In order for

an accident or an injury to occur, there are usually

numerous warnings that happen before the actual event. These are called

near misses. Usually near misses lead to accidents that could have been prevented. Near misses are leading indicators; in other words, a warning that something almost happened and an indicator that something needs to change to keep it from happening. If you pay attention to the near misses and take steps to correct unsafe conditions or behavior before an accident happens, you are getting out in front of the curve, you are leading instead of following, and you have a good chance of preventing many incidents that might occur. When a near miss occurs, it actually becomes a great opportunity to learn a lesson at no cost. The same conditions are in place whether the accident actually happens and someone is injured, or luck intervenes and the incident can just be dismissed as a near miss. The difference between the near miss and the accident might only be a fraction of a second or a few inches. Unfortunately, should it happen again, that small margin of safety might not be there the next time. This is one of the main reasons why HMS encourages its vessel crews to report near misses. We really need to learn the maximum we can from these “free lessons”. We have all heard that history tends to repeat itself – and if you aren’t learning from the past, you’re “doomed to repeat it”. If you’ve had a near miss and you don’t report it, it could become a serious accident for another member of your own crew. Near miss reports don’t fall out of the sky or come in the mail. They come from people who care enough to take the time to report something that almost happened that could have been bad, so that others can learn and hopefully avoid the same problem. A near miss experienced by you or a fellow crewmember can improve the knowledge, skills and abilities of everyone who is made aware of it. Reporting near misses may help prevent an injury or fatality. Sharing and following up on near misses give crews and management the opportunity to learn from each other through real-life experiences, to help formulate strategies to reduce the frequency of injuries and fatalities and to enhance the safety culture of the company. By investigating and sharing the near misses that occur in our workplace, we greatly affect our ability to prevent more serious accidents, or even death, from occurring.

Very few accidents

an accident or an injury to occur, there are usually

numerous warnings that happen before the actual event.

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If we reduce the number of near misses, we will reduce the number of injuries that happen. Investigating near misses can save you and the company a world of grief by getting to the root causes of near misses, thereby lessening the chances of injuries to workers or damage to valuable equipment. All employees are encouraged to submit a report when he/she is involved in, witnesses, or is told of a near miss event. Report each and every near miss incident immediately in order to help prompt investigation and follow up actions that will reduce the potential for future near misses. Shore side management must partially rely upon crews in the field to report back as they just can't see everything. The potential for such incidents exists all over the workplace, so all employees, not just supervisors, must help identify them. If the near miss is a result of an unsafe condition, don't continue to work under that condition until the problem has been corrected and your supervisor gives the okay to proceed. If the incident is a result of unsafe acts, be certain that everyone involved has been alerted to their actions before they continue with the job. If you are involved with or witness a near miss incident, remember that you or your co-worker may not get a second injury free chance to hoist that red warning flag up the pole. Do your part to help make the workplace safe for everyone involved. Letting a near miss go unreported provides an opportunity for a serious accident to occur. Correcting these actions or conditions will enhance the safety within your facility or on your vessel, and provide a better working environment for everyone involved.

Near Miss Reporting By: Andre Nault

1 Serious accident /injury

10 Minor Injuries 30 Damage Incidents

600 Near Misses

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Birds eye view of the John Quigg and Stoddard Sea completing a bunkering job in Los Angeles.

Safety Corner Near Miss Reporting Final Thoughts… Near miss incidents are situations that did not result in personal injury or property damage but had the potential to do so. Near miss reports must be investigated to reduce overall incidents. To get to the root cause of a near miss incident, they must be treated with the same attention to detail as if the event actually occurred. If near misses are identified and corrected, future incidents may be prevented. For near miss reporting to be effective, there must be a system in place to collect the data, initiate proper root cause analysis, institute corrective action and follow-up to make sure corrective actions were effective. HMS near miss reporting is a voluntary, non-punitive reporting system used by witnesses to help make our company safer.

Celebrating 4th of July in Seattle

On the left you can see the Eagle at Pier 23 and

on the far right is the Alyssa Ann with the Lake

Union fireworks in the background and the new Great Wheel on Seattle’s

waterfront.

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Mentoring Spotlight By: Cutis Melanson Adam Goodfellow deserves to be in the spotlight as my mentor as he has been an excellent role model and teacher. Since we started our mentorship, he has taught me a lot about diesel engines and vessels in general while keeping safety in the forefront of our discussions. He has also started to teach me how to weld. Adam is always willing to explain the intricacies of his job while teaching me the proper way to complete repair projects. Adam is the crane operator at OTB and always takes time to brief me on potential hazards before he executes a pick. Adam is an excellent mentor and he deserves to be recognized for doing an outstanding job. Thank you Adam.

Building a Mentoring Culture Mentoring is a reciprocal relationship between a Mentor and Mentee. At the root of the relationship is a focus on the Mentee’s growth, development of skills, knowledge and thinking. A major responsibility of the Mentor is the passing along of the Harley Marine culture. Culture can be defined as the, “predominating attitudes and behavior that characterize the functioning of a group or organization”. Harley Marine has a unique corporate culture. There is a reason why our vessels are named after patients and supporters of cystic fibrosis and our most recent christening honored a prestigious CF doctor, Dr. Bonnie W. Ramsey. Harley Marine has a culture of corporate responsibility. That sense of duty or responsibility is imbued in each Harley Marine employee. Passing along the Harley Marine culture is just one aspect of the Harley Marine Mentoring Program. For a Mentoring Program to be a success, the program must have ‘cultural congruency’ with the values of the corporation. The goals of the mentoring program focus on the growth, development and safety of the HMS employees. The Harley Marine Mentoring program is another example of Harley Franco’s ethic of responsibility. Now it is the responsibility of those engaged in mentoring to execute the program, so we may all benefit from it.

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On-Site Drug Testing Harley Marine Services is mandated by United States Coast Guard regulations to have a company-wide DOT drug-testing program. All employees within the Harley Marine family of companies are subject to comply with our drug-testing program. Every quarter, a Medical Review Officer (MRO) makes random selections from our employee pool for the testing. Last year, we tested 85% of our DOT employees, higher then the USCG regulation of 50%. As part of our testing program, we have the capability to provide on-site drug testing, making it more accessible and easier for our employees to comply. This month, Owner and CEO, Harley Franco was pulled for the random testing and was able to perform the test in the HMS Seattle office.

MENTORING AT PCM The Gyrfalcon Crew wearing their new mentoring jackets, pictured from left to right: Bob Johnston, Mark Hurst, Rick Bostwick, Chris Iszler, Paul Hanson, Steve Osberg,

Ben Latham, Carlos Trinidad, Dennis Pinfold and Roel Villamor.Keep up the great work in Dutch Harbor!

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Safety Incentive Program Winning Safety Tips: Tip #1 By: Michael Martinez, Olympic Tug & Barge

When making a line off, take into consideration the direction a line is leading. One solution does not fit all situations. Taking a line off improperly can lead to it binding on itself, making it extremely difficult to release when departing and causing the line to wear excessively creating a hazardous situation. Always be aware of your surroundings, snap back area/direction of line, giving yourself a way out. Never just make a line off and walk away, that can lead to disaster. Always communicate with the wheelhouse what you are doing. Tip #2By: Timothy Picou, Harley Marine Gulf

Workplace Safety Tips There are many different ways to protect yourself and others while at work. It comes down to being careful and watching what you are doing. A person that is taking their time and working correctly will always get the job done before the guy who is rushing and cutting corners. Not only do they forget steps and have to go back and repeat them, but people who rush are also at great risk for injury. So remember, the boss won't be mad if it takes you a little longer to finish a task as long as it was done correctly and without injury. Tip #3 By: Timothy Whitehouse, Starlight Marine Services

Summer WaterAlways be alert to how dangerous summer waterways can be with the variety of different types of personal watercraft out and about. Most pleasure craft operators and owners have no idea of the rules of the road or they operate by their own interpretation of the rules of the road. Always expect the unexpected, and keep a good look out. Tip #4 By: Daniel Baumfalk, Olympic Tug & Barge

When a real emergency occurs it is obvious who has really worked hard to study the vessel and learn its systems and concepts. It is vital that every crewmember understands the need to know the basic layout of fueling, steering, bilge and fire systems. Safety is not just a requirement of paper to satisfy the MOM, it is a skill to be mastered through practice and use to prevent loss of life, damage to equipment and harm of our environment. Winning Article: By: Ron Winterfeld, Olympic Tug & Barge

TOWING UNFAMILIAR EQUIPMENT Sooner or later we are called upon to tow a piece of equipment that we are unfamiliar with and often times have never seen before. This equipment can be anything from a mud barge, derrick barge, fish processor or even a decommissioned ship. This magnifies the safety issues of our jobs. First, we need to ask ourselves can we do this safely. Do we need an assist tug? If we can do it safely, we need to familiarize ourselves with the equipment to be towed. Is the equipment equipped with towing gear? Does it have integrity? Do a slow and precise walk around. Watch for open hatches and anything that is a safety hazard. How is this equipment presently secured? Once we have identified safety hazards and how equipment is secured, we need to discuss how we will make up to the equipment. Where will we place the makeup lines? Do the bitts or cleats have integrity to handle the horsepower of our tug? If there are no bitts etc., can we shackle into a pad eye or choke a stanchion with a strap? Do we need chafing gear around our lines? How about visibility around or over equipment? Will we need a mate or deckhand or both to be our eyes when the time comes to dock equipment? What’s a safe speed? Is the weather good enough? After you have taken the time to answer these questions, you should be more familiar with this piece of equipment. We should never be intimidated when asked to move unfamiliar equipment, but we should use our skills as professional mariners and know our limitations. Take ALL SAFETY precautions necessary to complete tasks. PRE-PLANNING is everything. Take your time and DO IT SAFELY.

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Retirement Planning – Second Quarter 2012 Market Commentary

With the never-ending rollercoaster ride that we’ve experienced this year in the markets, investors have to be getting a little queasy by now. Markets bounced back after a rough May as relatively good news was released from Europe and the economy here in the U.S. did not experience any major setbacks. In June, the Dow Jones Industrial Average (DJIA) and the S&P 500 Index both added 4.1%, while the tech-heavy NASDAQ Composite added slightly less at 3.8%. This was the best June for the DJIA since 1997 and for the S&P 500 since 1999. Mid-way through 2012, the DJIA has added 6.8%, the S&P 500 gained 9.5%, and the NASDAQ jumped 12.7%. So far, despite the volatility, markets are somehow having a decent year amidst a myriad of global economic issues that remain.

Domestically, some relatively encouraging news was released in June regarding the housing market. The S&P Case-Shiller index showed that home prices rose in April for the third consecutive month. Moreover, new home sales in May grew at the fastest pace since April 2010 when the homebuyers’ tax credit was nearing expiration. Though this data was somewhat promising, the fact remains that prices are still far from stable and the housing market remains quite fragile. On the international front, investors were treated to a few pieces of good news regarding Europe. First, Greece’s elections finally produced a winning party, with the pro-bailout New Democracy party prevailing in parliamentary elections, easing fears about the future of Europe’s single currency. Second, euro zone leaders agreed that the region’s two bailout funds could be used to recapitalize banks directly instead of burdening their home countries with additional sovereign debt. Markets reacted very favorably to the news and investors hopethis agreement is a step in the right direction towards alleviating the European debt crisis. Up and down. Up and down. The markets haven’t found their identity as of yet and it seems as though news out of Europe is what is making them rise and fall on a monthly basis. As the rollercoaster ride continues, the fact remains that we are still, indeed, on the ride and unlike most rollercoaster rides, we don’t know when this one will end. To discuss your portfolio and investment plan, please contact Melody Prescott at Kibble and Prentice.

Administrative Questions If you have questions regarding

your quarterly statement, participant website, or plan

provisions, please contact your plan administrator:

G. Russell Knobel & Associates

1-800-822-9205

Investment Questions If you have questions or need

guidance with the fund options in your retirement plan, please contact your plan education

specialist:

Kibble & Prentice Melody Prescott 1-206-676-7421

[email protected]

Plan Eligibility You are eligible to enter your

retirement plan if you are age 21 or older, and have completed 3

months of service.

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Harley Marine Services A Full Service Maritime Company

www.harleymarine.com

July Employee of the Month Bryan Thebodeau, Westoil Marine Services Westoil Marine Services would like to recognize Bryan Thebodeau as the July Employee of the Month. Bryan started his career at WMS as a barge deckhand. With hard work and dedication, he has now elevated himself to the rank of Tankerman. Bryan has a great attitude, and is always willing to go the extra mile to help out. Bryan always takes the time and effort to do the job right, and makes it a point to pass on his knowledge to the new deckhands. We appreciate all of Bryan's extra efforts, and are lucky to have him on the WMS Team. Thanks for all the good work Bryan, your efforts do not go unnoticed. Marek Kaszewicz, Olympic Tug & Barge Olympic Tug & Barge would like to recognize Marek Kaszewicz as the July Employee of the Month. Marek began working for Olympic in 2004 as an ordinary seaman and since that time has worked hard to improve his skill set to become a deck engineer and able bodied seaman. Currently, Marek is sailing aboard the tug Grizzly and has proven to be a versatile asset, being able to work as either engineer or deckhand. OTB would like to recognize Marek for his ability to take on the challenge of the many positions in which he covers whether he is landing the barge, changing oil or cooking a meal. Thank you for your effort and continued support of OTB operations. Keep up the good work! Dan Porschien, Jack Matievich, Tim Whitehouse, Kyle Uhl and John Maciel, Starlight Marine Services Starlight Marine Services would like to recognize Dan Porschien, Jack Matievich, Tim Whitehouse, Kyle Uhl and John Maciel for going above and beyond this month to cover positions where needed. No matter what day it is, they are all always willing to fill in. The summer months can be challenging for crewing due to vacations and the help is more than appreciated! Thank you to each and every one of you!

July New Hires Harley Marine Services Leann Riedner, HR Generalist Olympic Tug & Barge Beau Bianchi, Shoreside Dockworker John Gore, Mate Timothy Pugh, Mate