NEWS

Definitions Launches Canship Ugland Ltd

June 24, 2010

Starting June 1st Definitions has begun servicing Canship Ugland Limited’s fleet of offshore tankers, tug boats and head office.

Canship Ugland Ltd. is a Canadian Ship Management Company located in St. John’s, Newfoundland. The company started its operations in 1997 when the first oil produced on the Grand Banks was transported ashore.The Company manages six Dynamically Positioned (DP) Shuttle Tankers which load their cargoes at Hibernia, Terra Nova or Whiterose off the Atlantic Coast of Newfoundland. In addition the Company manages two local tugs and one bulk carrier designed for ice operations on the coast of Labrador. Canship Ugland Ltd. is a joint venture of the J.J. Ugland Companies of Grimstad, Norway and Knutsen OAS Shipping of Haugesund, Norway.

Definitions would like to congratulate Canship Ugland Limited on their commitment to a healthy workplace and look forward to great results in 2010-2011.

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