Fednav

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Fednav
Type Corporation
Headquarters Montreal, Canada
Key people Mark Pathy, President
Paul Pathy, President[1]
Employees 275 office staff worldwide
1,100 onboard ships and at terminals.
Website http://www.fednav.com/

Fednav is a group of Canadian companies in the Ship transport industry.[1] Primarily involved in transporting bulk cargo and break bulk cargo worldwide, the group is also involved in vessel servicing and cargo handling.[1]

Group company Fednav Limited is Canada's largest ocean-going, dry-bulk shipowning and chartering group.[1] It primarily is engaged in transporting bulk cargo and breakbulk cargo worldwide.[1]

Business units[edit]

The group's companies include Fednav Limited, Fednav International Ltd., FALLine, Federal Marine Terminals, Inc., Fednav Direct, Canarctic, and Enfotec. The group is headquartered in Montreal and has offices in London, Tokyo, Antwerp, Hamburg, Rio de Janeiro, and Singapore.[1] It also has numerous local offices in Canada and the United States.[1]

The group has a number of revenue streams. It is primarily known as an owner and charterer of ships.[2] According to the company, its main business is marine transportation of bulk and breakbulk cargoes worldwide.[2] The company has expertise in ship transport in the Canadian Arctic and ice navigation services.[2]

The group also provides services off of ships. One example is providing stevedoring services at terminals owned and operated by the Group.[2] It also provided logistics services such as warehousing and ground transportation.[2]

Fleet[edit]

As of 2011, Fednav owns a fleet of 23 ships. The ships were built between 1978 and 2006. All of the ships lie in the range of 28,000 DWT to 38,000 DWT. Two of the ships are registered in Canada, 13 in Hong Kong, five in Barbados, and three in the Marshall Islands.[3]

The rest of Fednav's fleet consists of 41 short- and long-term charters. These ships were built between 1985 and 2010. Ten of these are over 50,000 DWT, one more is over 40,000 DWT, and the rest fall in the range of 17,000 DWT to 37,000 DWT. Three of these are registered in Antigua & Barbuda, six in the Bahamas, 11 in Cyprus, two in Hong Kong, one in Liberia, two in Norway, one in the Marshall Islands, and 15 in Panama.[4]

Many of the ships in the Fednav fleet are strengthened for navigation in ice.[3][4] They work in locations such as the Beaufort Sea and Bent Horn at latitude 76°77′ north. Vessels such as the Federal Pendant and Federal Power, for example, have been classified with the Ice Class 1A* notation by Det Norske Veritas. This allows them to work in the Canadian Arctic with the assistance of icebreakers.[5] Two vessels in the Fednav fleet, 1978-built Arctic and 2006-built Umiak I, are fitted with icebreaker bows and have enough ice-strengthening and installed power to operate independently in Arctic ice conditions. In 2012, Fednav ordered a third icebreaking cargo vessel.[6] The ship, Nunavik, was delivered in January 2014.

Fednav vessels operating in the arctic are required to have specially trained ice advisors on board.[5] Ice advisors advise the ship's master in issues such as minimizing ice accretion.

Notes[edit]

  1. ^ a b c d e f g Fednav, 2007. Management Contacts.
  2. ^ a b c d e Fednav, 2007. Fednav Limited.
  3. ^ a b Fednav, 2007. Fleet Owned.
  4. ^ a b Fednav, 2007. Fleet Chartered.
  5. ^ a b Røe 2008.
  6. ^ Fednav Orders New Icebreaker. Canada Newswire, 30 October 2012. Retrieved on 2013-07-19.

References[edit]

External links[edit]