LOGISTEC Wins Environment Award at the 2023 International Heavy Lift Awards

MONTRÉAL, Oct. 26, 2023 /PRNewswire/ - LOGISTEC Stevedoring Inc. ("LOGISTEC"), a subsidiary of LOGISTEC Corporation, is honoured to have won the 2023 Environment Award at the International Heavy Lift Awards Ceremony in London, England. This prestigious award recognizes LOGISTEC's environmental performance, providing safe, reliable and sustainable cargo handling services at 60 ports and 90 terminals across North America.

"We believe in actively contributing to a sustainable supply chain and this award highlights our culture of environmental excellence," stated Rodney Corrigan, President of LOGISTEC Stevedoring Inc. "I would like to recognize our people who are dedicated to integrating environmental initiatives that are tangible, measurable, and impactful with our operations throughout our network. Handling heavy and oversized cargo is a specialized skill and our team has succeeded in delivering in a safe and sustainable way."

As a founding member of Green Marine, an international movement that aims to reduce the industry's environmental footprint, LOGISTEC continues to seek new opportunities to reduce emissions, investing in eco-efficient equipment and technologies. These investments align with LOGISTEC's ESG goals to reduce carbon footprint and protect the environment and communities for future generations.

The Heavy Lift Awards celebrate the achievements of the project cargo supply chain, showcasing the work of the logistics industry – from the innovative solutions to complex transport challenges as well as industry leading initiatives to tackle safety and training. The winners were announced at the Royal Lancaster Hotel in London, England on Wednesday, October 25, 2023.

ABOUT LOGISTEC
LOGISTEC Corporation is based in Montréal (QC) and provides specialized services to the marine community and industrial companies in the areas of bulk, break-bulk and container cargo handling in 60 ports and 90 terminals located in North America. LOGISTEC also offers marine transportation services geared primarily to the Arctic coastal trade as well as marine agency services to shipowners and operators serving the Canadian market. Furthermore, the Company operates in the environmental industry where it provides services to industrial, municipal and other governmental customers for the renewal of underground water mains, dredging, dewatering, contaminated soils and materials management, site remediation, risk assessment, and manufacturing of fluid transportation products.

The Company has been profitable and has paid regular dividends since becoming public and payments have grown steadily over the years. A public company since 1969, LOGISTEC's shares are listed on the Toronto Stock Exchange under the ticker symbols LGT.A and LGT.B. More information can be obtained on the Company's website at www.logistec.com.

SOURCE Logistec Corporation - Communications