Ecology to test oil spill readiness in Strait of Juan de Fuca

OLYMPIA, Wash. – The Washington Department of Ecology (Ecology) will be testing how well Harley Marine Services of Seattle can mount a rapid, aggressive and well-coordinated response to a simulated 34,000-gallon oil spill near the entrance to the Strait of Juan de Fuca on August 1.

The Strait is one of the busiest shipping lanes in the world. A significant spill in the international waterway could have serious consequences to Washington’s economy, environment and cultural resources.

No oil will be discharged during the large-scale equipment deployment exercise. Representatives from Ecology will observe and evaluate the planned drill near Neah Bay.

Harley Marine is sponsoring the multi-party oil-spill readiness drill with its contractor, Marine Spill Response Corp. MSRC is a private, non-profit spill response company supported by oil terminal and shipping company customers.

There also will be four oil tanker companies involved in the exercise:

. Alaska Tanker Co.
. BP Shipping
. ConocoPhillips Polar Tankers
. SeaRiver Maritime

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  • Westway Group, Inc. Announces First Quarter 2010 Results Increased 34%

    NEW ORLEANS, May 10 /PRNewswire-FirstCall/ — Westway Group, Inc. (Nasdaq: WWAY) today reported consolidated Adjusted EBITDA for the three months ended March 31, 2010 of $13.1 million, up $3.3 million or 34% from the pro forma results for the three months ended March 31, 2009. Consolidated Adjusted EBITDA reflects income before income tax provision, equity in loss of unconsolidated subsidiaries, net interest expense, and depreciation.

    Peter Harding, CEO, stated, “We are pleased with the overall results of Westway in the first quarter of 2010. During this period, we have seen the benefits of our investments in 2009 in greenfield expansions and acquisitions that are reflective of the vision and opportunities we expect for our company. We have grown in both footprint and performance. Evidencing these achievements are a 34% increase in Adjusted EBITDA and an increase of 22.5% in storage capacity, respectively, over the same period in 2009. As a whole, we are excited about the first quarter results, which we believe are demonstrative of management’s commitment to improving long-term performance and shareholder value.”

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