Oceanex Inc. was recently named as one of Canada’s 50 Best Managed Companies for 2011. Celebrating its 19th anniversary, Canada’s 50 Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices.

 “Receiving this award is truly a testament to the collective efforts of our employees, both onshore and onboard our ships – Oceanex Avalon, Oceanex Sanderling and M.V. Cabot,” said Capt. Sid Hynes, Executive Chairman of Oceanex. “We greatly appreciate our experienced and knowledgeable employees who ensure we consistently offer an efficient and reliable service to our customers throughout Newfoundland and Labrador.”

The award is sponsored by Deloitte, CIBC, National Post and Queen’s School of Business.