Crescent Ship Service, Inc.

9/09/08

Hurricane Gustav Update

First I would like to take a moment to thank all of you that inquired into the well being of Crescent Ship Service and the Willhoft Family. For this everyone was extremely touched and are grateful.

I am proud to say that even though Hurricane Gustav gave us a wild ride; Crescent Ship Service suffered only minor damage to a handful of our vessels. These damages will in no way inhibit Crescent Ship Service from providing the level of service that our customers have become accustomed to. With Hurricane Gustav, like Hurricane Katrina, Crescent Ship Service's operations did not cease and we were the first launch company to resume our normal operations.

But the best news that arose from the aftermath of Hurricane Gustav was that none of our employees nor their families suffered any serious injuries/damages from this storm. For this we are extremely grateful.

Once again I would like to thank everyone for their support.