Association of Canadian Port Authorities honours Fednav head for outstanding contribution to shipping industry



    MONTREAL, Aug. 29 /CNW Telbec/ - The Association of Canadian Port
Authorities (ACPA) awarded Laurence Pathy, C.M., President and CEO of Fednav
Ltd., a Medal of Merit during its 49th Annual General Meeting and Conference
for his outstanding contribution to the shipping industry in Canada, and
abroad.
    "Laurence Pathy is one of the great visionaries of our industry, one of
the outstanding promoters of the maritime industry and a remarkable Canadian,"
said Dominic J. Taddeo, Chairman of the Board of Directors, ACPA, and
President and CEO, Montreal Port Authority.
    During the past 35 years, Mr. Pathy, as President and CEO, has built
Fednav Ltd., into the largest oceangoing dry bulk shipping company in Canada.
With some 90 ships, it is one of the most important commercial fleets of the
world, and the predominant inland fleet on the Great Lakes.
    Mr. Pathy is a member of the leadership council of the St. Lawrence-Great
Lakes Trade Corridor initiative and co-chair of Green Marine, which provides
industry leadership on the environment.
    In 2006, he received the Outstanding Philanthropy Award from the Quebec
chapter of the Association of Fundraising Professionals for his philanthropic
efforts and commitment to the greater Montreal community.
    Mr. Pathy was inducted into the Order of Canada in 2006.

    The ACPA recognizes an individual, institution or organization's special
contribution to the maritime and port industry by awarding its prestigious
"Medal of Merit". The Medal of Merit has been awarded annually by the
Association since 1975. Past recipients include William B. Rest (Toronto,
1997), Henri Allard (Quebec, 1999), Madeleine Paquin (Richmond, 2001), the
Honourable David Collenette (Windsor, 2002) and Michel Pouliot
(Trois-Rivières, 2003).

    About Fednav Ltd.
    -----------------

    Fednav Limited, headquartered in Montreal, is a privately owned shipping
company and is the largest dry-bulk shipping group in Canada.
    Together with its subsidiaries and associated companies (the Group), it
engages in several areas of transportation: ship owning; ship chartering for
short- and long-term periods; marine transportation of bulk and breakbulk
cargoes worldwide, including the Canadian Arctic; ice-navigation services;
stevedoring at terminals owned and operated by the Group; and providing
logistics services including warehousing and ground transportation.
    The Fednav Group employs 275 office staff worldwide-130 in its Montreal
headquarters and about 1,100 personnel onboard under contract on its owned
vessels and in its terminals. Fednav maintains commercial offices overseas in
London, Hamburg, Antwerp, Brisbane, Rio de Janeiro, and Tokyo.

    About the Association of Canadian Port Authorities
    --------------------------------------------------

    The Association of Canadian Port Authorities (ACPA) was founded in 1958.
It groups together ports and harbours and related marine interests into one
national association. The ACPA is the pre-eminent association for the advocacy
and advancement of the Canadian port industry. ACPA members contribute greatly
to the local, regional and national economy of Canada. The port authorities in
Canada handle more than $100 billion worth of cargo annually.

    About the Montreal Port Authority
    ---------------------------------

    The Montreal Port Authority (MPA) is an autonomous and profitable federal
agency created by law to operate the port facilities in Montreal on a
commercial basis. Managed by a Board of Directors composed of Montreal
business people, the MPA operates its own railway network, a grain terminal
and a marine terminal and leases the Port of Montreal terminals to private
stevedoring firms. Through its activities, the Port of Montreal generates over
$2 billion in annual economic spin-offs and creates about 18,000 direct and
indirect jobs. For more information, visit www.port-montreal.com


    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/




For further information:

For further information: France Poulin, Director of Communications,
(514)  283-7050, poulinf@port-montreal.com


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