Hartmann and CSL Join Forces on Newbuild Project

Cadenberge, Germany and Montreal (ots/PRNewswire) -

Hartmann Family and The CSL Group ("CSL") are pleased to announce
they have formed a 50/50 joint venture to build and operate a 40,000
DWT gravity self-unloading vessel to trade in Europe.

The new ship will be built at Chengxi Shipyard in China and is
scheduled for delivery in Germany in 2020. It will service Mibau
Stema Group on a long-term charter.

The joint venture represents an expansion of existing activities
in Europe for both Hartmann and CSL.

Hartmann Family is the owner of a fleet of belt self-unloading
ships that are chartered to Mibau Stema Group. Mibau Stema Group, a
joint venture of Heidelberg Cement AG and Hartmann Family, is the
leading supplier of exported aggregates for the construction building
industry in Europe.

The CSL Group is the largest owner and operator of self-unloading
ships in the world. Headquartered in Montreal with divisions
operating throughout the Americas, Australia, Europe and Asia, CSL
delivers millions of tonnes of cargo annually for customers in the
construction, steel, energy and agri-food sectors.

Media Contacts: The CSL Group Inc., Brigitte Hébert, Director,
Communications, [phone], [e-mail]; HJH
shipmanagement GmbH & Co KG, Jens Schumacher; Managing Director,
[phone], [e-mail]

ots Originaltext: The CSL Group Inc.
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