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
Record numbers from Indian subcontinent for Sailors’ Society conference
(Posted on 22/09/25)More than 4000 cadets, trainees and ratings from the Indian subcontinent took part in the first of Sailors... Read more
The Swedish Club expands management team
(Posted on 22/09/25)The Swedish Club have announced that it is strengthening its management team to match the pace of its... Read more
Shipowners face Port State Control crackdown on BWTS compliance
(Posted on 22/09/25)BIO-UV Group is advising shipowners to ready themselves for extensive Port State Control inspections... Read more
CORE POWER welcomes agreement to accelerate investment in maritime decarbonisation
(Posted on 16/09/25)The U.S. and the UK have announced a bilateral collaboration to accelerate reactor licensing from three... Read more
Cobelfret accelerates digital transformation with integrated maritime platform
(Posted on 14/09/25)Cobelfret, a leading global dry bulk shipowner and operator based in Singapore, has partnered with Smart... Read more
Support grows for India’s new maritime CCTV rules
(Posted on 14/09/25)Zelim is calling on international regulators and flag states to follow India’s lead on enhancing... Read more
Ionic extends Orca AI to bulker fleet to boost safety
(Posted on 09/09/25)Athens-based Ionic controls a fleet of eight crude tankers and 11 bulkers under its respective wet and... Read more
Columbia and Pan Marine launch Egyptian JV
(Posted on 09/09/25)Columbia Group, a global leader in integrated maritime services, has announced the establishment of... Read more
Indonesian ship operator selects Veson as partner for digitalisation Journey
(Posted on 01/09/25)Veson Nautical, a global leader in maritime data and freight management solutions, and Andhika Lines... Read more
VIKAND : Digitalisation presents emerging psychological pressures for seafarers
(Posted on 01/09/25)As the digital transformation accelerates across the maritime industry, global maritime healthcare leader... Read more
