NCG Nunatsiavut Inc. is pleased to announce that NGC has purchased the remaining shares in CAI Nunatsiavut Marine Inc. (CNM) from CAI Investments Inc. to gain 100 percent interest in the entity. CNM hold three contracts with the Government of Newfoundland and Labrador to operate the Ferries Northern Ranger and Sir Robert Bond and to manage/provide shore based services in the ports in Lewisporte, Cartwriught, Black Tickle, Happy Valley – Goose Bay, Rigolet, Makkovik, Postville, Hopedale, Natuashish, and Nain.
Clint Davis, NGC Board Chair stated “the company name will be changed to ‘Nunatsiavut Marine Inc.’ to reflect the sole ownership and management remains unchanged – Capt. Peter Adams is the President /CEO of Nunatsiavut Marine Inc. Otherwise it is business as usual and we look forward to smooth sailing.”
For further inquiries please contact James Thorbourne at 709-896-8505 ext. 25.