At 9 a.m. today Gov. Bob Riley, businessmen and Mobile officials will meet to have a ceremony for a CG Railway (rail ferry) dedication at the Alabama State Port Authority Main Port Complex in Mobile.

Attending the dedication will be more than 175 people, including politicians, maritime and business leadership, board members and senior management of both the Authority and International Shipholding as well as key shipping customers on the railroad.

During the event, the CG Railway and the Port Authority's Railway will load rail cars onto the Bali Sea. The Bali Sea is an unusual ship that has two decks configured to carry fully loaded rail cars. The Port of Mobile and the Port of Coatzacoalcos, Mexico are both home to the dual ramp rail ferry system that can load rail cars to two decks of a ship.

The rail ferry service provides local and regional shippers quicker and more cost-effective shipping services to Mexico than traditional land-based rail.

The Alabama State Port Authority's $27 million rail ferry terminal was part of an overall economic development package that brought International Shipholding Corporation's headquarters and its subsidiary, CG Railway, Inc., and 150 new jobs to Mobile. International Shipholding was also the first tenant to move into the new RSA Tower.