Canadas Federal Marine Terminals unveil new green policy

According to Paul M. Pathy, Chairman, FMT shows in this way its commitment to being
a leader in the industry: “We are keenly aware of, and committed to, our responsibility to
conduct our business in an ethical and sustainable manner.” The objective of the FMT
policy is to reduce its footprint at all terminals and to constantly improve environmental
performance. The FMT policy goes over and beyond applicable rules and regulations
demonstrating that protection of the environment is a constant concern. FMT is also
a founding member of Green Marine, a voluntary environmental program of the marine
industry in the United States and Canada.

In its environmental policy, FMT addresses the following issues: greenhouse gas and
other air emissions; water and land pollution prevention, including spills, dust, and cargo
residues; conflicts of use with neighboring communities such as noise, dust, and light;
and handling of hazardous materials.

FMT management believes that it is crucial for all stakeholders (employees, partners,
clients, suppliers, governments, and the general population) to be informed of its
environmental policy. “Only with transparency and accountability will we succeed in
bettering our marine environment,” Pathy added.

Federal Marine Terminals is a subsidiary of Fednav Limited and has for over four
decades operated stevedoring facilities at ports in the United States and Canada. With
seven operations covering ten ports, FMT operates in the U.S. East Coast/Gulf Coast
and in the Great Lakes. FMT is recognized as an industry leader in marine terminal
operations, serving the needs of its customers in handling breakbulk, bulk, containerised,
project and general cargoes. The wide range of commodities handled includes cement, cocoa,
containers, gypsum, machinery, steel, sugar, and wood pulp and forest products.

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—130 in its
Montreal headquarters—and maintains commercial offices overseas in London,
Hamburg, Antwerp, Brisbane, Rio de Janeiro, and Tokyo.

View FMT’s environmental policy – http://www.fmtcargo.com/fmt_environmental_policy.pdf