Fednav Limited

Business of Shipping: Soo Locks’ Long-Awaited Upgrade

February 6, 2019

After 30-years, the long wait finally is over. In a move that largely flew under the industry’s radar, Washington recently committed to help fund the expansion/renovation of the locks at Sault Ste. Marie, MI, a vital link in the nation’s supply chain. The original push for this Soo Locks upgrade dates back to 1986. The Water Resources…

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The Best Year for Seaway Shipping in Over 10 Years

January 17, 2019

The Best Year for Seaway Shipping in Over 10 Years 40.9 Million Tons of Cargo Moved; Exceptional Season for Grain, Dry Bulk & Liquid Bulk Shipments Washington, DC (January 17, 2019) – The St. Lawrence Seaway, North America’s binational marine highway connecting the Atlantic Ocean to the Great Lakes, recently completed its best year for…

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Indiana Governor Eric Holcomb Accepts ‘Pacesetter Award’ on Behalf of Port of Indiana-Burns Harbor, Declares December 12, 2018 ‘Great Lakes Maritime Day’

December 12, 2018

Washington, D.C. (December 12, 2018) – Indiana Governor Eric J. Holcomb accepted the “Robert J. Lewis Pacesetter Award” today from the federal official leading the Saint Lawrence Seaway Development Corporation (SLSDC), an agency of the U.S. Department of Transportation. The Pacesetter Award is the SLSDC’s flagship award, presented to U.S. Great Lakes ports that have registered significant increases in shipments of international cargo tonnage…

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New Soo Lock Receives $32 million

November 26, 2018

  DETROIT-The U.S. Army Corps of Engineers, Detroit District, announces that the New Soo Lock project in Sault Ste. Marie, Michigan will receive $32,388,000 in the fiscal year 2019 work plan. The funds appropriated to the New Soo Lock project will be used to initiate deepening of the upstream approach channel. The funds are sufficient…

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Great Lakes Seaway Shipping Tonnage Rises with Peak Season

November 19, 2018

Washington, DC (November 19, 2018) – The Great Lakes Seaway Partnership reports an increase in St. Lawrence Seaway traffic with year-to-date (YTD) total cargo shipments through October of 30.5 million metric tons, a four percent increase over the same timeframe last year. Total vessel transits were also up by five percent over the same time…

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Mark Your Calendars for the Annual Hwy H20 Conference

October 23, 2018

The 14th Annual Hwy H2 O Conference will take place November 13–15, 2018 at the Hilton Toronto Airport Hotel. This well-established event, as organized by the U.S. Saint Lawrence Seaway Development Corporation (SLSDC), Canadian St. Lawrence Seaway Management Corporation (SLSMC), and a binational conference committee of U.S. and Canadian delegations, is the only conference that…

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U.S. Agriculture & Domestic Steel Reinforced by Great Lakes Seaway Shipping

October 17, 2018

Best Month on Record for St. Lawrence Seaway System Traffic During 2018 Navigation Season Washington, DC (October 17, 2018) – The Great Lakes Seaway Partnership reports overall gains for the St. Lawrence Seaway with year-to-date (YTD) total cargo shipments through September of 25.7 million metric tons, a four percent increase over the same timeframe last…

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Fednav Joins Network of Whale Watchers

August 23, 2018

Montreal, Quebec, July 30, 2018 – Fednav Limited has become the first international shipowner to join the whale watching members of the Marine Mammal Observation Network (MMON). Fednav is the world’s largest operator of ice-class dry-bulk carriers and Canada’s leading oceangoing dry-bulk shipowning and chartering group. It operates a modern and efficient fleet of approximately…

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St. Lawrence Seaway System Sees Diverse Cargo in June

July 26, 2018

Varied Cargo keeps Shipping Atop an Ever-Changing Economic World Washington, DC (July 26, 2018) – The St. Lawrence Seaway reported gains in traditional and project cargo for the month of June. Year-to-date total cargo shipments for the period from March 29, 2018 through June 30,2018 were 12.1 million metric tons, a decrease of just over…

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New Economic Impact Study Finds Great Lakes-St. Lawrence Seaway Shipping Supports More Than 237,000 Jobs and Billions in Economic Activity

July 19, 2018

U.S Department of Transportation Office of Public Affairs 1200 New Jersey Avenue, SE Washington, DC 20590 www.transportation.gov/briefingroom News WASHINGTON – According to a new study, the Great Lakes-St. Lawrence Seaway navigation system supports more than 237,000 jobs, 147,500 of which are located in the eight U.S. Great Lakes states. In addition, the study found that…

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Great Lakes-St. Lawrence Seaway Economic Impacts Study Results Released – Seaway System Shipping Supports Over 237,000 Jobs; $35 Billion in Economic Activity

July 18, 2018

Washington, DC (July 18, 2018) – The Great Lakes Seaway Partnership announces the release of Economic Impacts of Maritime Shipping in the Great Lakes-St. Lawrence Region, a year-long study of the economic impacts of the entire Great Lakes-St. Lawrence Seaway navigation system. The study is a definitive and detailed report documenting the many contributions made…

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Fednav Adds 60th Owned Dry Bulk Vessel

July 17, 2018

Canada’s Fednav Limited takes ownership of a 60th bulk carrier, an important milestone in Fednav’s history. This vessel, the MV Federal Dee, is the latest in a series of 22 box-hold handysize bulk carriers of 34,500 deadweight tons ordered from Oshima Shipyard of Japan since 2013. As the world’s largest operator of ice-class dry-bulk carriers…

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St. Lawrence Seaway System Reports Gains in Traditional Cargoes in May

June 13, 2018

Continued Demand for Raw Materials Keeps Seaway Traffic Above 5-Year Average Washington, DC (June 13, 2018) – The St. Lawrence Seaway reported overall gains in traditional cargoes through the month of May, with shipments of coal, grain, liquid bulk and general cargoes totaling 4.67 million metric tons (mt) – keeping Seaway traffic above the five-year…

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Opening of the 2018 Navigation Season and Maximum Allowable Drafts

March 1, 2018

The opening of the 2018 navigation season is scheduled to take place on the following dates and times: • Welland Canal: March 29, 2018 – 0800 hours (D.S.T.) • Montreal / Lake Ontario Section: March 29, 2018 – 0800 hours (D.S.T.) Vessel transits will be subject to weather and ice conditions. Restrictions may apply in…

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Fednav Receives Environmental Protection Award

November 14, 2017

Fednav Limited, a Great Lakes Seaway Partnership member, was presented the IBJ Bulk Ship Operator Environmental Protection Award on November 13, 2017 at a gala dinner organized by the International Bulk Journal and held at historical Beurs Van Berlage of Amsterdam. This award spotlights Fednav’s excellence in environmental stewardship in the maritime trade, along with…

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