SEPTEMBER 27, 2013 — Following a series of successful sea trials, Oceanex Inc. today accepted delivery of the 210 m Oceanex Connaigra, Canada's largest ConRO ship, from German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG).

The Oceanex Connaigra is expected to arrive in St. John's, Newfoundland, next weekend, where it will stay for a few days before sailing to Halifax, Nova Scotia, to work Oceanex's Halifax service while the Oceanex Sanderling completes a short dry dock. The vessel will then move on to Montreal, where it will provide a fixed weekly service between the ports of Montreal and St. John's.

Captain Sid Hynes, Executive Chairman at Oceanex, states "I am extremely proud to add this innovative, environmentally friendly vessel to our fleet. The Oceanex Connaigra has been custom designed to meet the many specific requirements of our trade and promises to provide optimum performance and reliability in the harsh weather conditions of east coast Canada."

Captain Hynes noted that Flensburger Schiffbau-Gesellschaft (FSG), a world-leader in the construction of RoRo ships known for its ability to build ships on time and on budget, had "lived up to their promise of building a state-of-the-art vessel, and I look forward to working with them again on future projects".

FSG CEO, Peter Sierk states "we are very proud to have been assigned to build this innovative vessel for Oceanex. Such good results were only possible due to the excellent cooperation of all employees of Oceanex and Flensburger, and we are looking forward to building another ship for Oceanex in the future."

The Oceanex Connaigra is designed to carry containers varying in size from 20 ft to 53 ft as well as trucks, trailers, cars, and over dimensional cargo with a total of 13,700 sq.m of available space and a deadweight of 19,300 tons. Custom features include movable vehicle decks and a wide, reinforced side ramp, thereby improving the versatility of the vessel. For crew comfort and cargo safety, the ice-class Oceanex Connaigra has been outfitted with anti-roll stability tanks and a gyro controlled active fin stabilizer system, which ensures a stable platform and performance reliability.

Classed by DNV as a "clean ship", the Oceanex Connaigra already meets stricter environmental regulations taking effect in 2015.

OCEANEX CONNAIGRA

210.0 m x 29.60 m / 26,800 GT
19,500 dwt
10,000 mt containerized payload on upper deck
2,800 trailer lane m
6,200 auto lane m incl fixed and liftable car decks
Service speed 20.0 kn
Engines: 2 x 8,400 kW
Class: DNV 1A1, General Cargo Carrier Ro-Ro, ICE 1A, E0, NAUT-AW, BIS, TMON, DG-P, CLEAN