Fednav

Last updated
Fednav
TypeCorporation
Founded1944
Headquarters,
Key people
Paul Pathy, President and CEO [1]
Number of employees
220 office staff worldwide
1,389 on board ships
Website www.fednav.com

Fednav is a privately owned Canadian company in the maritime transport industry, involved in transporting over 30 million tonnes of bulk cargo and break bulk cargo worldwide. Its fleet comprises approximately 120 long-term and spot chartered vessels. The fleet includes most of St. Lawrence Seaway's maximum-sized bulk carriers, Supramax, and Panamax vessels.

Contents

Business units and subsidiaries

The core companies include Fednav Limited, Fednav International Ltd., Fednav Atlantic Lakes Line (FALLine), and Arctic Operations, Projects, and Ice Services. The company has offices in Montreal, Tokyo, Antwerp, Geneva, Hamburg, São Paulo and Singapore.[ citation needed ]

In 2023, Fednav sold both Federal Marine Terminals, Inc. (FMT), which provided stevedoring services and Fednav Direct, which handled logistics such as warehousing and ground transportation, to focus on pure-play shipping. [2]

Fednav has operated in the Canadian Arctic through its icebreakers. Fednav ships operate in Arctic waters year-round, servicing Northern mines of nickel, zinc, lead, copper, and iron ore, among other things.[ citation needed ] Many of the ships in the Fednav fleet are strengthened for navigation on ice. Most of its vessels are classified with the Ice Class 1C* notation by DNV, allowing them to work in the Canadian Arctic with the assistance of icebreakers. Three vessels in the Fednav fleet, the 2006-built Umiak I , 2014-built MV Nunavik and 2021-built Arvik I, are fitted with icebreaker bows and have enough ice-strengthening and installed power to operate independently in Arctic ice conditions. Fednav's Arctic fleet is also equipped with an in-house developed shipboard navigation system designed for vessels operating in ice-covered waters worldwide. This tool allows operators to view and monitor sea ice using RADARSAT-2 technology. Fednav vessels operating in the Arctic must have specially trained ice advisors on board, who inform the ship's master on issues such as minimizing ice accretion.

Fleet

As of 2023, Fednav owns a fleet of 61 ships. All of the ships lie in the range of 32,500 DWT to 56,000 DWT. Two ships are registered in Canada, two in Panama, and the rest in the Marshall Islands.

The rest of Fednav's fleet consists of 40 to 60 short- and long-term charters depending on the time of year. The current 33 long-term chartered ships were built between 2010 and 2023. Twenty-three are between 55,000 DWT to 63,600 DWT and the rest fall in the range of 37,300 DWT to 42,700 DWT. One of these ships is registered in Malta, one in Singapore, two in Liberia and the balance are registered in the Marshall Islands or Panama. The total DWT of the owned and long-term chartered fleet is over 4,100,000 mt, with an average age of about 8 years.[ citation needed ]

Related Research Articles

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<span class="mw-page-title-main">Icebreaker</span> Ship that is able to navigate through ice-covered waters

An icebreaker is a special-purpose ship or boat designed to move and navigate through ice-covered waters, and provide safe waterways for other boats and ships. Although the term usually refers to ice-breaking ships, it may also refer to smaller vessels, such as the icebreaking boats that were once used on the canals of the United Kingdom.

<span class="mw-page-title-main">Northern Sea Route</span> Shipping route running along the Russian Arctic coast

The Northern Sea Route (NSR) is a shipping route about 5,600 kilometres (3,500 mi) long, defined by Russian legislation as running from the entrances to the Novaya Zemlya straits in the west, along the Russian Arctic coast above Siberia through the Kara Sea, Laptev Sea, East Siberian Sea, and Chukchi Sea, to Cape Zhelaniya on the Bering Strait, at parallel 66 ° N and meridian of 168 ° 58′37 ″ W.

<span class="mw-page-title-main">Cargo ship</span> Ship or vessel that carries goods and materials

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MV <i>Captain Kurbatskiy</i>

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MV <i>Arctic</i>

MV Arctic was an icebreaking cargo ship built in 1978 at the Port Weller Dry Docks in St. Catharines, Ontario, Canada. The ship was owned and operated by the Fednav Group. Arctic was sold for recycling in Aliağa, Turkey in April 2021.

CCGS <i>Des Groseilliers</i>

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<span class="mw-page-title-main">Polar Class</span> Ice class

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A double acting ship is a type of icebreaking ship designed to travel forwards in open water and thin ice, but turn around and proceed astern (backwards) in heavy ice conditions. In this way, the ship can operate independently in severe ice conditions without icebreaker assistance but retain better open water performance than traditional icebreaking vessels.

SA-15 (ship type) Class of ice-breaking cargo ships

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<i>Vladimir Ignatyuk</i> (icebreaker)

Vladimir Ignatyuk is a Russian icebreaking anchor handling tug supply vessel. She was built by Burrard-Yarrows Corporation in Canada in 1983 as Kalvik as part of an Arctic drilling system developed by BeauDril, the drilling subsidiary of Gulf Canada Resources. After the offshore oil exploration in the Beaufort Sea ended in the early 1990s, she was sold to the Canadian shipping company Fednav in 1997 and renamed Arctic Kalvik. In 2003, she was purchased by Murmansk Shipping Company and transferred to Russia.

MS Nordic Orion is a Danish bulk carrier registered in Panama City. A coal and ore carrier, Nordic Orion has a capacity of 75,603 tonnes deadweight (DWT). It was built in 2011 by Oshima Shipbuilding. Nordic Orion has an ice-strengthened hull, and it is notable for being the first large sea freighter to transit the Arctic Northwest Passage. It is owned and operated by Nordic Bulk Carriers.

Nunavik is an icebreaking bulk carrier owned and operated by the Canadian shipping company Fednav. She is used to transport copper and nickel from the Nunavik Nickel Project, making 7–8 round trips per year.

Canadian Forest Navigation (Canfornav) is a Canadian shipping firm. It operates a fleet of close to four dozen bulk carriers. Most of these vessels' voyages are between ports on the North American Great Lakes or the St Lawrence Seaway.

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<i>Pierre Radisson</i>-class icebreaker Arctic Ocean Icebreakers (Summer)

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References

  1. Fednav, 2007. Management Contacts.
  2. "Fednav becomes pure-play bulker owner with sale of terminals and logistics unit".