Company Bermuda Container Line Ltd.

Bermuda Container Line Ltd. provides an ocean freight service linking Bermuda with the world. It operates a weekly service between Port Elizabeth, New Jersey and Hamilton, Bermuda with the vessel M.V. Oleander. Through an associated company, Somers Isles Shipping Ltd., it also operates a three time per month service between Fernandina Beach, Florida and Hamilton. The Company owns the container roll on / roll off (RO/RO) vessel M.V. Oleander and a wholly owned subsidiary, Bermuda Agencies in the United States. The Company's ship, the Oleander, is a combination container and roll-on/roll-off vessel capable of carrying 360 twenty-foot equivalent unit (TEU), as well as 44 cars in an enclosed garage area.