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CP Ships Appoints Director of Environmental Services

Maritime Activity Reports, Inc.

February 3, 2004

CP Ships Limited has appointed environmental management specialist Dennis Fortune as its first Director of Environmental Services, based in Montreal. Mr Fortune is responsible for leading CP Ships' extensive environmental management program which involves all aspects of the company's operations including marine and terminal activities, hazardous cargo handling, occupational health and safety and compliance with local and international regulations. "We are proud of our environmental management track record and, with Dennis's extensive experience, we look forward to building on our strengths," commented CP Ships' CEO Ray Miles. "Dennis's appointment coincides with our latest environmental accomplishment, the achievement of ISO 14001 certification for Montreal Gateway Terminals." Mr Fortune has more than 20 years of environmental management experience, most recently as head of his own consultancy, Dennis Fortune Environmental Associates Inc. Previously he managed environmental programs at SNC-Lavalin Inc and Ontario Hydro. He has a masters degree in environmental engineering from the University of Western Ontario.

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