SSA Marine’s U.S. Container Terminal Operations Grow by over 22%

Seattle, WA – SSA Marine, the largest U.S. owned container terminal operator, reported 2005 container volume of 7,300,000 TEU’s at its eleven U.S and International marine container operations, a 15% increase over 2004. Container volume at SSA Marine leased and operated U.S. container terminals grew 22% topping the 4,300,000 TEU mark. International container terminal operations grew by 6% surpassing 3,000,000 TEU’s, while their container stevedoring operations at Port Authority operated terminals grew 40% to exceed 1,500,000 TEU’s. SSA Marine’s sister company, RMS, handled 12,700,000 TEU’s at its 42 intermodal rail terminals it operates for U.S. class I railroads. “This continued growth is a testament to the commitment and professionalism of our employees and the support we receive from our, ocean carrier customers and partners”, stated Jon Hemingway, CEO. “We are particularly encouraged by our growth at our seven U.S. marine container terminals and the close working relationship we enjoy with the Ports of Seattle, Oakland and Long Beach.”

Mr. Hemingway continued, “We are bullish on the future of the U.S. marine container terminal industry and our role in expanding crucial port infrastructure. In Texas City, supporting the Houston market, we are privately financing and building a $250,000,000 container terminal. On the West Coast, we are working with the Port of Seattle and our partner Matson to double the size of our T- 25 container terminal by including the T- 30 container terminal lease area. And while we are expanding our terminal capacity in both the U.S. Gulf and West Coast we are working closely with our local communities to improve service, air quality and traffic. We have several initiatives underway to prove the feasibility of using biodiesel and even cleaner fuel sources and to virtually eliminate truck idling at all our facilities.”

About SSA Marine

SSA Marine a subsidiary of Carrix, Inc., is the largest U.S owned and the largest privately held container terminal operator and cargo handling company in the world, handling approximately 22 million container TEU’s per year. The nearly 60 year old company serves more than 120 locations worldwide, including port operations throughout the U.S. as well as internationally in Panama, Mexico, Chile, Costa Rica, South Africa and New Zealand.