This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Fednav Receives Award For Bulk Ship Operator Of The Year

MONTREAL, Nov. 20, 2012 /PRNewswire/ - The Fednav Group was presented with the coveted IBJ award for Bulk Ship Operator of the Year at a gala dinner organized by the International Bulk Journal and held at the Elysée Hotel in Hamburg last night.

This award highlights Fednav's contribution to maritime trade, as well as its leadership in the implementation of higher industry operating standards including efficiency, environmental protection, and safety.

In 2012, Fednav took delivery of 11 new vessels and currently has 12 ice-class ships on order to deliver in 2013-2016, including one ice-breaking bulk carrier to service Canadian Royalties' nickel and copper mine in the Canadian Arctic and six Lakes-suitable vessels designed to consume less fuel, reduce carbon emissions by 20%, and maximize cargo intake .

Before an international audience, Suzanne Bleau-Myrand, Director of Marketing for Fednav, proudly accepted the Bulk Ship Operator of the Year award, a prize that exemplifies the dedication and hard work of the Group's management and employees. It is worth noting that this is the second time since the inception of the IBJ awards in 2009 that Fednav has received this prestigious prize. Also that year, Fednav's MV Umiak I won the Bulk Ship of the Year award. Additionally, at last year's event, Fednav Chairman, Laurence Pathy, received the Lifetime Achievement Award.

Fednav wishes to thank not only the International Bulk Journal for hosting the event, but also its ship managers, customers, and suppliers for their contribution and continued support.

With nearly 70 years of experience, Fednav is a privately owned shipping company and is the largest international dry-bulk shipping group in Canada. The company employs 250 office staff worldwide—145 in its Montreal headquarters—and maintains commercial offices overseas in Antwerp, Brisbane, Charlotte, London, Hamburg, Rio de Janeiro, Singapore, and Tokyo.

For more information, please visit www.fednav.com.  

SOURCE Fednav Ltd.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,362.77 -54.08 -0.31%
S&P 500 2,009.93 -11.32 -0.56%
NASDAQ 4,677.9730 -5.4340 -0.12%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs