HODDER TUGBOAT CO. LTD.

Hodder Tugboat Co. Ltd. founded in the early 1900s and incorporated in 1961 under its current name. Hodder is a privately held general marine towing company located in Richmond, B.C. The Company is a general marine towing company primarily serving the forest industry, transporting logs, lumber, lumber residuals, pulp, and paper to and from coastal mills and for export. Hodder also serves companies in diversified industries, which include shipping, sand and gravel aggregate, construction and general cargo. The Company’s services extend along the British Columbia south coast and the navigable reaches of the Fraser River. Hodder has approximately 65 employees and owns and operates fourteen tugboats and four crew boats. In addition, the Company holds extensive booming ground (or waterlot) leases from the Province of B.C. along the Fraser River which are used for log storage for customers.