Teekay Buys Autoload-Tanker
July 3, 2003

Autoship Systems Corporation (ASC) is pleased to announce the sale of Autoload-Tanker to Teekay Shipping Corporation, for their vessel Columbia Spirit. Teekay Shipping is interested in the efficiency, safety, and accuracy benefits inherent in using Autoload-Tanker, especially on a fleet-wide basis. The software will be certified by DNV for use as loading instrument software.

Teekay Shipping is a recognized leader in the oil transportation industry. Teekay provides marine expertise and safe, reliable transportation services for major oil companies, refiners and traders worldwide. Teekay’s services are characterized by the highest standards of safety, service, and efficiency in the crude oil transportation industry – standards that make their vessels welcome in the world's most sensitive environmental trading areas. Click on www.teekay.com for more information.

Autoship Systems Corporation of Vancouver, Canada is a marine software developer of load planning software, loading instrument software and integrated CAD/CAM programs.

To ask about purchasing any of our products and services, contact your nearest Autoship System dealer, or email sales@autoship.com