ADVISORY/World's largest fleet of machinery working in New York/New Jersey Harbor; U.S. Army...

Business Editors

ADVISORY...for Thursday (Jan. 30)

NEW YORK--(BUSINESS WIRE)--Jan. 23, 2003

A fleet of the world's largest dredging machinery - five dredges and two drill boats - are currently working to deepen the New York/New Jersey Harbor.

From Upper New

The gathering of these world-class dredges and drill boats in one harbor at one time is not a typical scene for United States ports.

WHAT: Opportunity to view dredges and drill boats up close through
    harbor boat inspection via U.S. Army Corps of Engineers vessel.
    Operating in the New York/New Jersey Harbor are:

--  Kill van Kull Area 5- Drill boats Apache and MB 301 and backhoe
    Dredge New York, the largest backhoe dredge in the world.

--  Kill van Kull Area 6- Backhoe dredges Tauricavor and Maricavor and
    clamshell dredge Bean II

--  Port Jersey- Clamshell dredge Michigan

WHEN and WHERE: January 30, 2003 in the New York/New Jersey Harbor
    from Newark Bay to Upper New York Bay.

    Leaving from New Jersey: 10:00 a.m. - Corps vessel arrives at
Caven Point Marine Terminal in Jersey City, N.J. (Contact Corps for
directions to Caven Point)

    Leaving from New York: 10:30 a.m. - Corps vessel arrives at Marine
Inspection Office (MIO) Pier at the battery on the tip of Manhattan.
The MIO pier is the first pier immediately to the west of the Staten
Island Ferry terminal at the battery.

WHO: Experts from the U.S. Army Corps of Engineers and Port Authority
    of New York and New Jersey available to speak about harbor
    deepening projects and provide information regarding the working
    fleet.

For additional information or to confirm participation contact: U.S. Army Corps of Engineers Carolyn Vadino, 212/264-0109 or Peter Shugert, 212/264-1722