Fednav orders 12 BWT systems for the Great LakesFednav orders 12 BWT systems for the Great Lakes

Fednav Limited, the largest Canadian operator of international ships in the Great Lakes-St. Lawrence Seaway system, today announced an order for 12 ballast water treatment systems to equip its ships currently under construction. This makes Fednav the first shipping company in Canada and the Great Lakes to announce the installation of ballast water treatment systems, well before the regulatory
requirement.

"Our company is committed to stimulating trade and enhancing Canada’s economy while
protecting the Great Lakes against the introduction and spread of aquatic invasive
species,” said Paul Pathy, President and Co-CEO of Fednav Limited. “After extensive
analysis and testing, we are confident that the technology we are choosing is an
affordable and effective means to ensure that Canada meets its ballast water
requirements. We are proud to be leading the way, along with government and industry
partners, in establishing a level playing field for the Canadian, US, and international
fleets to operate together in the Great Lakes region.”

Developed by JFE Engineering Corporation, Japan, the BallastAce system will be
installed on Fednav’s new lakers and will be effective in both fresh and salt water.
BallastAce operates through a sophisticated filter and sodium hypochlorite injection
mechanism in the ship's ballast system.

Fednav chose this solution after years of testing. From the Federal Yukon (copper ions)
to the Federal Welland (electrodialytic disinfectant) to the Federal Venture (chlorination),
the company has spent millions of dollars over many years to find a reliable, effective,
and economical solution to the environmental problems caused by aquatic invasive
species.

The contract with JFE commits Fednav to install BallastAce systems in its 12 lakers
under construction at Oshima shipyard in Japan. JFE will install its first system in the
Federal Biscay, delivering in October 2015. Consequently, Fednav may well be able to
introduce BallastAce to the Great Lakes at the opening of the Saint Lawrence Seaway in
2016. With Fednav’s encouragement, AMS-approved BallastAce is now pursuing full US
Coast Guard type approval for freshwater and saltwater certification at the GSI and
MERC test facilities in Superior, WI, and Baltimore, MD.

The IMO’s Ballast Water Management Convention, of which Canada is a signatory, will
most likely enter into force in 2016, the year the US Coast Guard and EPA require the
installation of systems on ships trading in US waters.