Fednav invests in sustainable shipping
The new lakers represent the most efficient vessels to date for the Canadian operator (Source: Fednav)
Canada-based bulk shipowner Fednav has signed a contract with Japan’s Oshima Shipbuilding for up to ten ocean-going bulk carriers of 34,500dwt for operation on the Great Lakes. The order was signed via Sumisho Marine, part of trading house Sumitomo Corporation. The vessels will be built at Oshima 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,” the shipping company said. Their carbon emissions are said to be 33% less than the vessels they will replace, including nitrogen oxides (NOx) emissions at least 87% less than previous vessels. They will have Tier III engines and the capability of using biofuels.
"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”.
