Canada Steamship Lines orders two new bulkers as part of fleet expansion

MONTREAL, June 19, 2012 /CNW Telbec/ - Canada Steamship Lines ("CSL"), a division of the CSL Group, announced today a firm order for two new gearless bulk vessels, bringing to six the number of "Trillium Class" ships to be built as part of its major fleet expansion program for the Great Lakes market.

The two new vessels will be built at the Yangfan Shipyard in Zhejiang Province, China, and will enter service in the spring of 2014. CSL also has options for the construction of two additional gearless bulk vessels for delivery during the 2014 shipping season.

"These new gearless bulkers continue the momentum created by the construction of the Trillium Class self-unloading vessels and further position CSL among the most efficient, reliable and environmentally sustainable fleets in marine transportation," said Dan McCarthy, CSL Vice-President, Marketing and Customer Service. "Investing in sustainable technologies makes good business sense.  It creates a competitive edge with state of the art operational and energy efficiencies. This investment in our fleet will help meet the growing needs of our customers and will ensure superior service for years to come."

The 36,100-DWT bulkers will be Seaway max size and feature IMO Tier II compliant main engines with the latest environmental and safety systems.

CSL is a division of The CSL Group, the world's largest owner and operator of self-unloading vessels. Headquartered in Montreal with divisions based in the United States, the United Kingdom, Norway, Singapore and Australia, The CSL Group delivers more than 80 million tonnes of cargo annually for customers in the construction, steel, energy and agri-food sectors.  

Trillium Class is a trademark of The CSL Group. For more information about the Trillium Class vessels, please visit www.cslcan.ca/trillium.

SOURCE CANADA STEAMSHIP LINES

For further information:

Brigitte Hébert, Manager, Communications
Tel.: 514-982-3854
Email: bhebert@cslmtl.com

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