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success based on our safety record. Today, getting the job done on time is not enough. We must also strive to achieve zero accidents and injuries in all aspects of our business. Our company-wide commitment is to keep people, property and the environment safe 100% of the time, and this commitment is affecting every one of our employees. As one of our biggest strengths is our ability to operate in extreme, challenging and sometimes dangerous environments, this focus on safety and quality is paramount to our success. What do you consider the top priorities - project wise - for your company in the coming 12 to 24 months? GF Foss will continue to provide harbor services along the U.S. west coast, and we will look for opportunities to extend those services to other harbors in the U.S. and abroad. We also see our expertise in safely operating in extreme environments as a particular strength we will translate into other international projects-similar to the type of work we did in Sakhalin Island where we supported construction of an LNG production facility in an isolated and challenging location. Foss also has the opportunity to draw on our extensive network of sister companies and experienced partners worldwide to align marine transportation, air cargo, marine engineering, and heavy lift operations to support large project developments in remote, often severe and unpredictable environments. Briefly describe your outlook for the business in 2006 and beyond? GF Customers are looking to Foss to expand its network of operations - and, at the same time, to offer the highest standards of safety practices and process. Our customers are increasingly international players who operate in multiple markets. We are expanding our operations to markets where we can enhance rather than disrupt the market-seamlessly entering the existing group of operators either through acquisition or joint venture. We look to acquire companies with a strong management team in place, and who are well respected and well connected to the business community. The most recent example is Foss' acquisition of Constellation Tug Co., which serves Boston Harbor and other New England ports. We have learned that we often have as much to learn from the companies we acquire as they have to learn from us. Sometimes maintaining the identity of the local company rather than assimilating it is the preferred option everyone, including the customers. Our plan is to double Foss' size in the next five years, through a combination of acquiring existing tug companies and expanding Foss' project work, especially in oil and gas exploration. What do you consider to be the biggest challenges (i.e., legislation, technical demand, competition, etc.) to your company's continued success? GF There are a number of challenges that the entire industry-and Foss-will be facing in the coming years. First, we will need to learn the new U.S. Coast Guard inspection regime for tug boats, as well as changing security regulations and requirements. We have enhanced our Health, Safety, Quality and Environment department at Foss to ensure that we are on top of-or ahead of-all new requirements. Second, as I mentioned before, we face challenges recruiting and retaining top flight sailors. Foss is committed to meeting this critical need by expanding and supporting new training programs. Finally, as markets continue to evolve, trying to keep pace with the right match of equipment could render some missionspecific boats obsolete before their natural retirement age. This comes with a high price tag. It means Foss must be at the forefront of efforts to bring new technologies and equipment to the market even as we control costs. Innovation is a benchmark by which this company should be measured. Laser alignment measurement of stern tubes, strut bearings, engine and compressor bores BORALIGN®, the latest development measures true bore center, not just bore straightness. It measures whether multiple bores are in line with one another and with the rotating centerline of the shaft. Universal brackets fit bore diameters from 5" to 30". See us at Booth #824 Pacific Marine Expo (305) 591-8935 · www.ludeca.com SMITH BERGER MARINE, INC. OFFERS A COMPLETE LINE OF SAFE - RELIABLE - ECONOMICAL Smith Berger Marine, Inc. builds a full range of Shark Jaws for Anchor Handling Tug Supply vessels. Standard ratings are 100, 200, 350, 500 and 750 metric tons and all units have Quick Release at the rated load. Smith Berger flexibility allows us to customize our equipment to suit the operating characteristics of your vessel. Third party certification, load tests, release tests and load monitoring systems are available options. Rely on the 100 year history of Smith Berger to outfit your vessel with our rugged and dependable equipment. SHARK JAWS · TOWING PINS · STERN ROLLERS Smith Berger Marine, Inc. 7915 10th Ave., S., Seattle, WA 98108 USA Tel. 206.764.4650 · Toll Free 888.726.1688 · Fax 206.764.4653 E-mail: email@example.com · Web: www.smithberger.com 46 · MarineNews · November 2006