14 November 2017 – Amsterdam, Netherlands

Logistec Corporation [TSX: LGT.A and LGT.B], a marine and environmental services provider, is pleased to announce that Madeleine Paquin, President and CEO, was named Entrepreneur of the Year at the 2017 edition of the IBJ Awards in Amsterdam.

“I am truly honored to receive this prestigious award from IBJ. Success would not be possible without our customers and partners, and I take this opportunity to thank them for trusting us to understand their challenges and their needs, and develop new and unique solutions,” said Ms. Paquin. “This award is also a great recognition of my team at Logistec, notably their dedication and their operational expertise.”

The IBJ Awards honour achievements in the maritime bulk industry and were presented at the magazine’s annual gala, attended by several hundred guests. The Entrepreneur of the Year category recognizes an individual who has successfully opened new markets, demonstrated resilience in overcoming obstacles, and achieved growth and sustained customer satisfaction.

“International Bulk Journal (IBJ) selected Madeleine Paquin for the significant and lasting contribution she has made to her industry, whilst simultaneously growing her own company, Logistec, organically and through acquisitions, to become a market leader,” said Ray Girvan, Publisher of IBJ. “We believe that this is a fitting honour for a truly world-class professional, at a truly global event, who has already received a host of accolades in North America and who brings honour and respect to our industry as a whole.”

IBJ is one of the maritime bulk industry’s most respected publications and has covered shipping, commodities, ports, logistics, and equipment for over 35 years. As such, the IBJ Awards include a variety of categories. For the full list of this year’s honourees, please visit www.ibj.com

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