

(Posted on 19/07/18)
Fednav Limited has taken ownership of a 60th bulk carrier, an important milestone in the comany’s history. This vessel, the MV Federal Dee, is the latest in a series of 22 box-hold handysize bulk carriers of 34,500 deadweight tons ordered from Oshima Shipyard of Japan since 2013.
As the world’s largest operator of ice-class dry-bulk carriers and Canada’s leading ocean-going, dry-bulk shipowning and chartering group, Fednav operates a modern and high-performing bulker fleet of over 100 ships, the majority of which are owned.
The company continues to invest extensively in its fleet rejuvenation and extension program to offer customers the highest quality ocean transportation solutions, while reducing the fleet’s environmental footprint.
Earlier this year, Fednav also contracted for the replacement of its MV Arctic by ordering a new 30,000 DWT Polar Class 4 mine support vessel from JMU Shipyard of Japan. The ship will be flagged under Canadian registry and begin service as of 2020. Known for its expertise in navigating in ice, Fednav has for over 60 years played a leading role in promoting Arctic development and export. The company operates the three most powerful ice-breaking bulk carriers in the world offering year-round services transporting nickel and copper concentrates southbound and returning with all mine resupply material including Arctic diesel oil.
Investing recently more than US $600 million into its newbuilding programme, the company clearly demonstrates continued confidence in the shipping markets and its commitment to the Arctic, St. Lawrence, and Great Lakes trades.
Fednav is a privately owned shipping company The company employs 260 office staff worldwide—160 in its Montreal headquarters—and maintains commercial offices overseas in Antwerp, Charlotte, Hamburg, Rio de Janeiro, Singapore, St. John’s, and Tokyo.
One Sea has welcomeed Finnish start-up Groke Technologies as its new member, bringing additional expertise... Read more
ClassNK has released “FAQs on the EU-ETS for Shipping”, an overview and necessary preparation... Read more
AXSMarine, a pioneer and market leader in the provision of advanced solutions for shipping professionals... Read more
Shipzero is enabling transport and logistics companies to create transparency about their emissions... Read more
The Isle of Man Ship Registry (IOMSR) has become an associate member of The International Association... Read more
The wellbeing of crew members is becoming more important to shipping companies says leading catering... Read more
Canada based Algoma Central Corporation has reported its results for the year ended 31 December, 2022... Read more
Ukrainian seafarers have largely returned to international shipping thereby restoring balance in crew... Read more
The Chairs of the Round Table of International Shipping Associations met in Athens last week to renew... Read more
AXSMarine, a leading provider of SaaS shipping software and data for decision making in the chartering... Read more