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CP Ships Appoints V.P. Supply Chain Security

Maritime Activity Reports, Inc.

May 23, 2003

CP Ships Limited, has appointed Jared Henry as Vice President of Supply Chain Security.

Based in Tampa, Florida, Henry assumes his new responsibilities in conjunction with his existing duties as VP Customer Service.

Henry's main focus is ensuring company-wide compliance with security initiatives that are being introduced by the US and Canada, other countries and international bodies. He led the recent effort to comply with the 24-Hour Rule, which was completed successfully and on time. He also heads up the CP Ships Security Task Force, which specializes in areas such as Marine, Insurance and Claims, Communications and Business Process Improvement.

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