VT Halter Marine Launches Pure Car Truck Carrier

Tuesday, October 19, 2004

PASCAGOULA, MS, October 19, 2004 – VT Halter Marine announced today the launch of MV Jean Anne, the first Pure Car Truck Carrier (PCTC) to be built in the United States. Built by VT Halter Marine at its Pascagoula, MS facility, Jean Anne is one of the largest vessels to be launched by a US mid-tier shipyard. VT Halter Marine is a subsidiary of Vision Technologies Systems Inc. (VTS).

The ship is owned and operated by Pasha Hawaii Transport Lines, a joint venture between The Pasha Group, a Corte Madera, California-based leading global transportation and logistics provider, and Strong Vessel Operators LLC, a Stamford, Connecticut-based ship owner and operator.

Measuring 579 feet overall, with a beam of 102 feet and a draft of 28 feet, the 13,000 dwt, 20-knot PCTC has the capacity to transport more than 3000 vehicles as well as other rolling stock, household goods and containerized cargoes. She has 10 decks, including 3 hoistable decks, served by a 100-ton stern ramp that can handle heavy construction equipment. With clear overhead heights up to 16.7 feet and over 120,000 square feet of over high and wide (OHW) cargo space on these specialized decks, Jean Anne offers flexible capability for OHW shippers.

More than 6,150 rollers were used to move the 13,000 DWT PCTC across 700 feet of land where winches pulled the vessel unto a dry-dock. Once onboard, the dry dock was lowered in place and Jean Anne floated free.

"Today marks the successful launching of the first modern PCTC to be built in the US for the Jones Act trade. Congratulations to VT Halter Marine on achieving this important milestone. We are pleased with the ongoing cooperation with CEO Butch King and his team and look forward to the delivery of M.V. Jean Anne and commencing our service between California and the Hawaiian Islands in March."

George W. Pasha, IV
Pasha Hawaii Transport Lines

"The launch of Jean Anne is particularly significant for VT Halter Marine as it is the first PCTC to be built in the US. VT Halter Marine is proud to make our mark by setting a first in US shipbuilding. Jean Anne was designed and built to meet Pasha Hawaii Transport Line's requirements for faster delivery, expeditious processing, increased efficiency and lower costs. Her launch is also testimony that VT Halter Marine is moving forward in its quest to secure shipbuilding projects for highly sophisticated vessels in multi-market sectors."

Boyd E. King
Chief Executive Officer

VT Halter Marine

VT Halter Marine is the marine operations of Vision Technologies Systems (VTS). Based in Pascagoula, MS, It is a leader in the design and construction of medium-sized ships in the United States. VT Halter Marine designs, builds and repairs a wide variety of ocean-going vessels such as patrol vessels, oil recovery vessels, oil cargo vessels, ferries, logistic support vessels and research ships.

Please visit www.vthaltermarine.com.

VTS is a provider of integrated engineering solutions, specializing in the fields of aerospace, electronics, land systems, and marine. Headquartered in Alexandria, VA., VTS has locations throughout North America. VTS offers a broad range of proven innovative services to both the commercial and government sectors.

Please visit www.vt-systems.com.