Great Lakes Seaway Shipping Highlights Economic Impact
The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional, national and global economy.“Commercial navigation on the Great Lakes Seaway system is an economic driver — both broadly in the United States and Canada — but, especially, in Minnesota. More cargo moves in-and-out through Minnesota ports than any other Great Lakes state and supports over 6…
Fednav Partners with CargoMetrics
Fednav Limited has announced that it has entered into a Development Services Agreement with CargoMetrics Technologies LLC, a maritime innovation company.Under this agreement, the two companies will work in collaboration to build systems and tools to optimize Fednav’s dry bulk fleet. Drawn from the CargoMetrics performance framework, data and signals used to inform chartering decisions will be generated, thereby providing a desired distribution of the Fednav fleet across sea routes.Celebrating its 75th anniversary this year…
Burns Harbor Extends Key Partnership
The Port of Indiana Burns-Harbor has extended its partnership with its longtime stevedore and marine terminal operating company, Federal Marine Terminals.A press note from the Ports of Indiana, a statewide port authority operating three ports on the Ohio River and Lake Michigan, said that the deal will run through at least 2023."FMT has been a vital collaborator with the Port of Indiana-Burns Harbor since 1999," said Port Director Ian Hirt, "and this consolidated operating agreement…
Fednav Adds 60th Owned Dry Bulk Vessel
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 and Canada’s leading ocean-going, dry-bulk shipowning and chartering group, Fednav operates a modern and high-performing bulker fleet of over 100 ships, the majority of which are owned.
Madison Capital Day Focuses on Great Lakes Shipping
A delegation of Great Lakes-St. Lawrence Seaway maritime industry leaders held day-long meetings on Wednesday with Wisconsin state political leadership. Briefings covered the economic impacts of Great Lakes Seaway shipping to Wisconsin’s economy – 8,800 jobs and $1.4 billion in business revenue, as well as the investments being made within the navigation system by both public and private entities, and the maritime trade opportunities that are essential not only to the state, but to the region, nation and to the world.
Pathy Assumes Leadership of Fednav
Fednav Limited announced that effective September 10, Paul Pathy will assume responsibility as the sole Chief Executive Officer of Fednav Limited and of Fednav International Ltd (FIL). Since 2010, Paul and Mark Pathy have successfully led Fednav Limited as co-CEOs, and Mark as President and CEO of Fednav International Ltd. (FIL) since 2008. However, as shareholders, Paul and Mark have concluded that it would be best for Fednav to operate under one leader. “In his role as co-CEO of Fednav Limited and President and CEO of FIL…
Bi-national Great Lakes Seaway Partnership Launched
The American Great Lakes Ports Association in partnership with the Lake Carriers’ Association, Fednav Limited, and the Saint Lawrence Seaway Development Corporation, have jointly sponsored a new bi-national public affairs program called The Great Lakes Seaway Partnership. The Great Lakes Seaway Partnership, officially launched today with the unveiling of a new website, brings together leading U.S. and Canadian maritime organizations working to enhance public understanding of the benefits of commercial shipping in the Great Lakes Seaway region of North America.
Fednav Celebrates Anniversary Trio in Cleveland
Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th year since the founding of the company, 55 years of continuous general cargo liner service from FALLine and 50 years since the establishment of its terminal division, FMT (Federal Marine Terminals). Guests on board, representing clients of the company, heard remarks from Mark Pathy, President and co-CEO of Fednav Limited…
First Arctic Cargo Shipped through the Northwest Passage
Fednav, a Canadian-owned company and world leader in Arctic navigation, today announced that its vessel, the MV Nunavik sailed from Deception Bay en route to China via Canada's Northwest Passage, with a full cargo of nickel concentrate. The Nunavik will be one of the first commercial vessels to transit the Northwest Passage completely, and the first to do so unescorted with an Arctic cargo, and with Canadian expertise. The Nunavik is the most powerful conventional (non-nuclear) icebreaking bulk carrier in the world…
Anglo-Eastern Celebrates 40th Anniversary
On September 4th, Anglo-Eastern celebrate it’s 40th Anniversary, in Hong Kong, concluding with an evening of fun, at the Hong Kong Maritime Museum. Among a host of VIPs, both local and international, Mr. & Mrs. Evert Maréchal, The Consul General of Belgium, along with the Consul General of Japan, Mr Hitoshi Noda and the Consul General of India, Mr. Ravi Sinha & Mr Prashant Agrawal together with the Director of the HK Marine Department, Mr Michael W.L. Wong, JP were welcome by Group CEO, Mr Peter Cremers and the Board of Directors of Anglo-Eastern.
St. Lawrence Seaway Welcomes New Board Members
The St. Lawrence Seaway Management Corporation (SLSMC) is pleased to announce that Mr. Georges Robichon and Mr. Tim Dool have each been appointed to its Board for a three-year term. Mr. Robichon replaced Mr. Paul Gourdeau as the international carrier representative in August, while Mr. Dool becomes the domestic carrier representative when Mr. Ian MacGregor’s term is over at the end of November. In addition, Mr. Jonathan Bamberger was named Chair of the Board of Directors effective September 1st. He is President of Redpath Sugar Ltd. and has been a member of the SLSMC’s Board since August 2010.
Canada's Fednav Orders Six New Great Lakers
Fednav Limited announce contracts with Japanese shipbuilders Oshima Shipyard. The environmentally advanced vessels will be built in Japan and are destined to become the flagships of Fednav's fleet of over 80 ships. The six additional vessels will be delivered between 2015 and 2016, as part of a series of 21 new ships added to Fednav's fleet since January 1, 2012. Fednav has the largest fleet of ice-class vessels in the world—vessels capable of navigating demanding winter conditions along the St. Lawrence Seaway, in the Baltic Sea, and even in the Arctic.
UK P&I Club Elects New Board
Seven directors were elected to the Board of the UK P&I Club at its AGM in Athens on the 27th October. After obtaining a postgraduate degree in industrial engineering, Ibrahim Güngen founded Güngen Foreign Trade Co Ltd with his brother Mehmet in 1976 and the business quickly became the biggest importer of molasses in Turkey. Mr Güngen has been chief executive officer of Güngen Maritime and Trading since 1990. Dr Grahaeme Henderson, aged 56, joined Shell following a PhD in Engineering from Southampton University in 1980.