Sailors SocietyTelestackBühler GmbHPort of StocktonVan AalstTMS Awards 2023
  • Geneva Dry
  • Port of South Louisiana
  • Telestack
  • Van Aalst
  • TBA Group
  • Cimbria

Ten newbuildings to further increase Fednav’s efficiency

Ten newbuildings to further increase Fednav’s efficiency

(Posted on 02/09/21)

Fednav Limited, Canada's largest dry bulk shipping group, has signed an agreement with Sumisho Marine Co., Ltd. (Sumitomo Corporation Group) and Oshima Shipbuilding to build ten new Ocean-going Lakers. The ships will be built at Oshima shipyard in Japan, with the first vessel expected to be delivered in mid-2023.

The new Fednav-Oshima designed super-eco Lakers represent the most efficient vessels to date for Fednav. Their carbon emissions will be 33% less than the vessels they will replace, including a Nitrogen Oxides (NOx) footprint at least 87% smaller. They will be delivered equipped with the latest technology, including Tier III engines and the capability of burning biofuels.

The new Lakers will support Fednav's sustainability goals, making them an essential asset for the future. "We are delighted to include these new vessels to our fleet to support the shipping industry and reinforce our commitment to the Great Lakes St. Lawrence Seaway," said Paul Pathy, President and CEO of Fednav. "These new vessels are aligned with our long-term strategy to invest in our future and support our transition toward more sustainable shipping”.

Fednav is a privately owned shipping company and is the largest international dry bulk shipping group in Canada. It operates a most modern fleet of about 120 bulk carriers trading worldwide, of which 60 are owned. The company employs 300 office staff worldwide—195 in its Montreal headquarters—and maintains commercial offices in Antwerp, Charlotte, Hamburg, Rio de Janeiro, Singapore and Tokyo.

Latest News

CSM Türkiye collaboration with bulker operator Transoba Denizcilik

(Posted on 15/05/24)

Columbia Shipmanagement (CSM), member of Columbia Group, has underlined its commitment to the Turkish... Read more


OTG and WISTA join forces to drive gender diversity and inclusion

(Posted on 15/05/24)

Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions for... Read more


InterManager statement on recent GISIS accident reporting

(Posted on 15/05/24)

InterManager, the international trade association for the ship management sector, has been keeping accident... Read more


King Charles accepts Sailors’ Society’s patronage

(Posted on 15/05/24)

His Royal Highness King Charles III has accepted the Patronage of Sailors‘ Society, continuing... Read more


Baltic Exchange publishes PwC dry bulk and container box indices reports

(Posted on 09/05/24)

PricewaterhouseCoopers LLP (PwC) has concluded two independent assurance engagements on the suitability... Read more


Vessel financing facility announced

(Posted on 09/05/24)

In a landmark partnership, Damen Financial Services (DFS) and Siemens Financial Services (SFS) have... Read more


DAN Shipping & Chartering Acquire Arthur Smith (Grimsby)

(Posted on 09/05/24)

DAN Shipping & Chartering have announced the acquisition of Arthur Smith (Grimsby) Ltd, a prominent... Read more


ESG provides roadmap for dry bulk shipping says INTERCARGO’s first review

(Posted on 02/05/24)

The evolving Environmental, Social, and Governance (ESG) agenda is not merely a prerequisite for operating... Read more


Concern as challenges faced by Indian seafarers become more visible

(Posted on 02/05/24)

Mental Health Support Solutions (MHSS) is deeply concerned as levels of loneliness and isolation experienced... Read more


OTG equips crews for ammonia-fuelled future with new e-learning course

(Posted on 02/05/24)

With ammonia gaining popularity as a clean future fuel, and the first ammonia-powered vessels expected... Read more


TBA GroupPort of South LouisianaCimbriaGeneva DryVigan
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping