Metro Ports Canada Ltd., a Newfoundland and Labrador company that is wholly owned by Nautilus International Holding Corp., has executed an agreement with Pinnacle Renewable Energy Inc., a British Columbia company, for managing the operation of Westview Terminal, a wood pellet railcar receiving, storage and vessel loading facility in the Port of Prince Rupert.

Metro Ports Canada is headed by president James Dillman, with vice president Rob Waterman handling the day-to-day oversight.

James Callahan, chairman, president & CEO of Nautilus International Holding Corp., commented on the company’s expansion.

“Metro Ports Canada is most pleased to bring its services to the west coast of Canada,” Callahan said. “It is a satisfying achievement to have the Nautilus companies continuing their international expansion.”

Pinnacle Renewable Energy Inc. is a privately held company and the largest producer of wood pellets in the world and the largest exporter of pellets to Europe and Asia from Canada. Pinnacle Renewable Energy Inc. currently owns and operates six pellet plants across British Columbia with a production capacity in excess of 1.2 million tonnes annually.

The Westview Terminal wood pellet export facility is designed specifically to receive wood pellets transported by rail from production plants in the interior of British Columbia, store in purpose-built storage silos, and load into bulk ocean vessels destined for overseas markets. The Westview Terminal includes a private rail siding, a high-speed railcar unloading system, state-of-the-art safety and monitoring systems, and a high-capacity shiploader, capable of accommodating Panamax class vessels up to 75,000dwt. The Westview Terminal was designed and engineered to meet strict environmental standards.

ABOUT NAUTILUS INTERNATIONAL HOLDING CORP.

Nautilus International Holding Corp., headquartered in Wilmington, Calif., maintains oversight of various subsidiary companies concentrating in stevedoring, terminal operations, agency, logistics, third party claims administration and risk management. The companies of Nautilus International Holding Corp. excel in providing outstanding services to various market segments. These subsidiaries include Metro Ports, a contract stevedoring and marine terminal operator specializing in dry and wet bulk materials, breakbulk cargoes, forest products, wind energy, and a variety of other marine cargoes; Metro Cruise Services LLC and Metro Shore Services LLC, which jointly provide a full suite of services to the passenger cruise industry; and Metro Risk Management LLC, which specializes in claims administration and other risk management services.

ABOUT METRO PORTS

Metropolitan Stevedore Co., established in 1923 in Southern California and with business roots dating back to the 1850s Gold Rush era through its original San Francisco parent corporation, California Stevedore and Ballast Co., is celebrating its 90th anniversary. Through the years, Metropolitan Stevedore Co. became known as Metro so in 2008 the decision was made to use Metro Ports as the new brand for the various key operating companies of Wilmington, Calif.-based Nautilus International Holding Corp. Those key companies included Metropolitan Stevedore Co., Southeast Crescent Shipping Co., Southeast Maritime Services LLC (which holds the Savannah International Terminal), and Cape Fear Bulk LLC. In 2011,Texas-based Suderman Contracting Stevedores, Inc. was acquired and recently rebranded as Metro Ports.

ABOUT PINNACLE RENEWABLE ENERGY GROUP:

Pinnacle Renewable Energy Group, a private company founded by the Swaan family of Quesnel, has been in operation for more than 20 years. It is the longest- established pellet producer in Western Canada. Located in the heart of the lumber industry in central B.C., Canada, Pinnacle has access to an excellent and abundant source of raw materials.

Pinnacle produces a variety of products carrying its name, including softwood pellet fuel, animal bedding and natural sorbent. It also produces custom products for companies in their packaging. A large portion of its production is for the bulk domestic and overseas market.