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.