August 24, 2004

CSL rebuilds self-unloader

Canada Steamship Lines has signed an agreement with Canadian Shipbuilding and Engineering for the forebody replacement and steel renewal of the M.V. Jean Parisien at Port Weller Dry Docks.

The Jean Parisien is a 33,300 DWT self-unloading bulk carrier built in Canada in 1977. The new forebody will extend the life of the 740 ft (225.5 m.) Jean Parisien by 25 years, says CSL.

"The Jean Parisien is the fourth vessel of our Canadian fleet to receive an entirely new Canadian built hull in addition to state-of-the-art and environmentally friendly automated self-unloading equipment," said Gerry Carter, President of Canada Steamship Lines. "This C$30 million (U.S. $23 million) investment will strengthen our core Canadian competencies and will offer our customers performance and innovation, safety and reliability. At Canada Steamship Lines we have the responsibility to serve our customers to the best of our abilities but we are also responsible for our Canadian workforce and their job security."

Canada Steamship Lines says it awarded the contract to Canadian Shipbuilding and Engineering, "recognizing the shipyard's ability to meet difficult technical requirements and to provide superior construction."

"We are proud to support our Canadian shipyards," declared Carter."Port Weller Dry Docks has demonstrated outstanding capability and has proven through three similar projects for our domestic operations that they are world-class shipbuilders."

After a self-financed fleet renewal program of more than C$225 million (US$172 million), Canada Steamship Lines says it is positioned as the market leader in the transportation of dry-bulk cargoes. The Montreal based company has 15 Canadian flagged vessels. "This," it says, "is considered to be the youngest, and most technically and environmentally efficient fleet navigating on the Great Lakes and St-Lawrence Seaway."

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