1130194--3/1/2007--CROWLEY_MARITIME_CORP

related topics
{condition, economic, financial}
{gas, price, oil}
{cost, regulation, environmental}
{financial, litigation, operation}
{system, service, information}
{personnel, key, retain}
{stock, price, share}
{loss, insurance, financial}
{cost, operation, labor}
{capital, credit, financial}
{operation, international, foreign}
{stock, price, operating}
{competitive, industry, competition}
Liner Services is subject to economic factors and the cyclical nature of its business can cause fluctuations in earnings Fluctuation of fuel prices may influence our results The nature of Marine Services contracts may add volatility to our results of operations The Company faces intense competition that could adversely affect its ability to increase market share and could reduce its profitability The Company may incur significant costs, liabilities and penalties in complying with government regulations Petroleum Services deploys several vessels which, in their present condition, will not be permitted to carry petroleum products in United States waters as of certain dates occurring between 2010 and 2015 which could impact profitability Liner Services vessels used in the Puerto Rico and Caribbean Island Service are reaching the end of their useful lives and failure to replace them could impact profitability Marine-related risks could lead to the disruption of our services and added liabilities Adverse outcomes in our asbestos-related lawsuits could harm our financial condition, results of operation and cash flows Insurance coverage may not protect the Company from all of the liabilities that could arise from the risks inherent in its businesses We depend on attracting and retaining qualified, skilled employees to operate our businesses and protect our know-how Actions by our unionized labor could harm our financial condition, results of operation or cash flows Our international operations pose additional risks that can negatively impact our financial condition, results of operations or cash flows Other business risks, known and unknown, may impact our results There is no established public trading market for our stock so shares are difficult to sell Mr. Crowley can exercise control over all matters requiring stockholder approval and could make decisions about our business that conflict with other stockholders interests

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