Waterfront Shipping to Commission New Ships Built With Flex-Fuel Engines

December 8, 2013

VANCOUVER, BRITISH COLUMBIA—(Marketwired - Dec. 9, 2013) - Waterfront Shipping Company Ltd. has reached an agreement with Mitsui O.S.K. Lines, Ltd. (MOL), Westfal-Larsen & Co A/S (WL) and Marinvest/Skagerack Invest to build six new ships, with an option for building an additional three, all to be delivered during 2016. These 50,000 dead weight tonne vessels will be built with MAN ME-LGI flex fuel engines running on methanol, fuel oil, marine diesel oil, or gas oil.