CimbriaTelestackIMPA EventsBühler GmbHTBA GroupVan Aalst
  • Port of Stockton
  • Sailors Society
  • IMPA Events
  • Van Aalst
  • TOC Africa 2023
  • TBA Group

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

INTERCARGO stresses commitment to MARPOL on World Maritime Day

(Posted on 27/09/23)

As the global shipping industry today celebrates World Maritime Day with its central theme of &ldquo... Read more


GTMaritime reaches 15,000-vessel milestone

(Posted on 26/09/23)

Leading provider of secure maritime data communications software, GTMaritime, has reached 15,000 installations... Read more


Posidonia Masterclass in Shipping now live

(Posted on 26/09/23)

Posidonia Exhibitions, organisers of Posidonia, the International Shipping Exhibition, is launching... Read more


NorthStandard identifies future path of P&I as it realizes early consolidation gains

(Posted on 19/09/23)

Seven months after its formal launch, NorthStandard is already realizing tangible benefits from combining... Read more


Core Power adds US heavyweights to Global Advisory Board

(Posted on 12/09/23)

Maritime nuclear technology company CORE POWER has boosted its Global Advisory Board with four new high... Read more


Foreship makes further commitment to growth in the UK

(Posted on 12/09/23)

Foreship has relocated its UK subsidiary to larger premises and appointed Tuur Killaars as Senior Sustainability... Read more


DNV and PCL to expand collaboration in ESG and key operational areas

(Posted on 08/09/23)

Classification society DNV has signed a Memorandum of Understanding (MoU) with Singapore-based ship... Read more


ISG partnership with MLS to enhance training for maritime sector

(Posted on 08/09/23)

Leading blended learning provider Intelligent Seas Group (ISG) is delighted to announce its collaboration... Read more


Panama Canal water levels to remain exceptionally low for months

(Posted on 04/09/23)

Record year-on-year declines in rainfall has been identified as the ‘likely culprit’ for... Read more


Change in MENAS Light Dues to ensure future of Aids to Navigation

(Posted on 04/09/23)

After years of keeping a vital navigation service operating on the same income, Middle East Navigation... Read more


TOC Europe 2023Port of South LouisianaViganTMS Awards 2023Port of StocktonSailors Society
  • TOC Europe 2023
  • Vigan
  • Bühler GmbH
  • Port of South Louisiana

Subscribe to our newsletter

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