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The Two Rail-Ferry Vessels to be Used in CG Railway's New U.S.-Mexico Service are Enroute to Mobile, AL to Commence a Schedule of Every 4-Day Sailings in January.

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NEW ORLEANS--(BUSINESS WIRE)--Jan. 9, 2001

The 585-foot-long, self-propelled roll-on/roll-off sister vessels BALI SEA and BANDA SEA have completed shipyard conversion work and are enroute to Mobile, AL to be operated by CG Railway, Inc. in its new every 4-day interline rail-ferry service commencing in January to transport freight in railcars between Mobile and Coatzacoalcos, Mexico.

Each of the vessels has a capacity of 60 railcars, and each has unique 30-foot-high sidewalls to protect the railcars from sea water. The masters of each vessel have reported no spray on the cargo deck rails during the current voyages.

Terminal facilities in Mobile and Coatzacoalcos are in the final stages of completion.

The new service was developed to provide another entry/exit system for the Canadian-Eastern U.S.-Mexico trade that will give railroads predominantly operating east of the Mississippi River direct and fast access to southeast and central Mexico. CG Railway said it is working closely with four major interline railroads in developing a reliable and usable service.

The Mobile-Coatzacoalcos transit time will be three days, resulting in a 4-day spread between the two vessels, each with an 8-day round voyage. The plan is to have one vessel in each port simultaneously.

The company said the new service will be congestion free, providing shippers and receivers with a faster transit time and also assisting railroads in optimizing the use of equipment.

CG Railway's cooperation with its Mexican railroad partner Ferrosur is working effectively, and is being enhanced by Ferrosur's commitment to improve track maintenance, rights-of-way and equipment highlighted by its recent acquisition of more powerful locomotives.

Following is the sailing schedule for the first two months of the new CG Railway service:

 CG RAILWAY SAILING SCHEDULE

 BALI BALI BANDA BALI BANDA BALI
 SEA SEA SEA SEA SEA SEA
SOUTHBOUND Voy.1 Voy.2 Voy.1 Voy.3 Voy.2 Voy.4
Vessel ETA
 Mobile 2/2 2/10 2/14 2/18
Vessel ETD
 Mobile 1/26 2/3 2/7 2/11 2/15 2/19
Vessel ETA
 Coatzacoalcos 1/29 2/6 2/10 2/14 2/18 2/22
ETA Puebla 2/1 2/9 2/13 2/17 2/21 2/25
ETA Mexico
 City 2/2 2/10 2/14 2/18 2/22 2/26

 BANDA BALI BANDA BALI BANDA BALI
 SEA SEA SEA SEA SEA SEA
 Voy.3 Voy.5 Voy.4 Voy.6 Voy.5 Voy.7
Vessel ETA
 Mobile 2/22 2/26 3/2 3/6 3/10 3/14
Vessel ETD
 Mobile 2/23 2/27 3/3 3/7 3/11 3/15
Vessel ETA
 Coatzacoalcos 2/26 3/2 3/6 3/10 3/14 3/18
ETA Puebla 3/1 3/5 3/9 3/13 3/17 3/21
ETA Mexico
 City 3/2 3/6 3/10 3/14 3/18 3/22

 BALI BALI BANDA BALI BANDA BALI
 SEA SEA SEA SEA SEA SEA
NORTHBOUND Voy.1 Voy.2 Voy.1 Voy.3 Voy.2 Voy.4
Vessel ETD
 Coatzacoalcos 1/30 2/7 2/11 2/15 2/19 2/23
Vessel ETA
 Mobile 2/2 2/10 2/14 2/18 2/22 2/26

 BANDA BALI BANDA BALI BANDA BALI
 SEA SEA SEA SEA SEA SEA
 Voy.3 Voy.5 Voy.4 Voy.6 Voy.5 Voy.7
Vessel ETD
 Coatzacoalcos 2/27 3/3 3/7 3/11 3/15 3/19
Vessel ETA
 Mobile 3/2 3/6 3/10 3/14 3/18 3/22


Complete vessel scheduling and other pertinent information is available online 24 hours a day at www.cgrailway.com.

CG Railway, Inc. is a subsidiary of New Orleans based International Shipholding Corporation.

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Publication:Business Wire
Date:Jan 9, 2001
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