Oceanex announces increased capacity for temperature controlled containers

    MONTREAL, Feb. 20 /CNW Telbec/ - Captain Sid Hynes, Executive Chairman of
Oceanex Inc., announces two key service enhancements aimed at its Newfoundland
and Labrador fish processors and international container line customers.
Oceanex Inc. is presently increasing the number of electrical plugs on its two
marine terminals located in St. John's and Corner Book.
    There will be an additional 40 shore based plugs installed in St. John's
and 20 in Corner Brook. These additional electric plugs will enable both the
fish processors and international container lines to store more temperature
controlled containers within a safe and monitored environment while awaiting
transhipment to either the ports of Halifax and or Montreal by Oceanex.
    Additionally, during the peak export fish season, Oceanex will operate
two vessels weekly into the port of Corner Brook. In doing so, the Montreal
vessel, the Oceanex Avalon, will call Corner Brook weekly in addition to the
Halifax vessel, the M.V. Sanderling. The second vessel call will create
additional carrying capacity on the St. John's - Corner Brook - Halifax
triangle for time-sensitive, refrigerated cargo.

    Oceanex Inc, a privately owned corporation, is a leading player in the
east coast transportation industry. Oceanex operates from St. John's,
Montreal, Halifax and Corner Brook, utilizing three vessels, an inland
trucking service from its four operating ports and is a full inter-modal
transportation service provider between any point in North America and the
island of Newfoundland.
    Oceanex recently announced the purchase of 150 - 53 feet long containers,
providing the equivalent cargo handling capability of 150 tractor trailers.
Oceanex Inc. is committed to growing its position in Eastern Canada.

For further information:

For further information: Captain Sidney J. Hynes, Oceanex Inc., (709)
722-6280, (709) 726-2507 (Fax), sid@oceanex.com, www.oceanex.com

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