MONTREAL, Sept. 20, 2011 /CNW Telbec/ - Fednav Limited, Canada's largest
ocean-going, dry-bulk, ship-owning and chartering group, today welcomed
the Federal Sable at a naming ceremony at Ouhua shipyard, in Zhoushan, China. A 37,200
DWT handysize bulker, this new addition will reduce environmental
impact while launching a period of growth and renewal for the Fednav
The Federal Sable is the first in a series of fourteen new ships ordered from Japanese
and Chinese shipyards. Last year, Fednav signed for eight 37,200 DWT
ice-class bulk carriers at Ouhua Shipyard, to be delivered in 2011 and
2012, of which the Federal Sable is the first. Also last year, Fednav ordered four ice-class bulk
carriers with long-term partners, Sumitomo Corporation and Oshima
Shipyard. These 55,000 DWT vessels will be built for trading in winter
conditions, in areas like the St. Lawrence River, and will be delivered
between 2012 and 2014. Lastly, Fednav also has ordered at the Oshima
Shipyard two additional 35,300 DWT bulk carriers, to be received in
2012 and 2013.
These fourteen vessels represent an investment of over 400 million
The ceremony in China was attended by Mark L. Pathy, President and
co-CEO of Fednav Limited, as well as by several customers and business
partners. The godmother of the vessel is Mrs. Jo Makin, wife of Mr. Ed
Makin, President and CEO of Lantic Sugar in Montreal.
Paul M. Pathy, President and co-CEO of Fednav Group explains: "With this
investment, Fednav further demonstrates its confidence in the continued
growth of its business - we are listening closely to our customers."
The Federal Sable has been built with a number of environmental improvements:
The vessel is more fuel efficient than Fednav's previous class of ships,
while having a larger cargo load, thus emitting significantly less
greenhouse gases and other air emissions.
The Federal Sable and its sister ships are equipped with Tier II engines, which reduce
nitrogen oxide (NOx) emissions that contribute to global warming. Fednav committed to the installation of these types of
engines a full two years before international regulations require it
for new ships.
The design incorporates more powerful ballast pumps and enough space to
enable the installation of ballast water treatment equipment. To help
facilitate this process, Fednav is testing a new ballast water
treatment method on one of its vessels this year.
Paul Pathy elaborates: "The environment is one of our top priorities
when we consider the design of a new vessel. It is important to us and
also to our customers that our vessels not only respects but exceeds
environmental regulations in Canada and worldwide."
About the Fednav Group
Fednav Limited, owned by the Pathy family, is an international shipping
company headquartered in Montreal. Its primary activities are in the
transportation of bulk and breakbulk cargoes on a worldwide basis. The
Group also has offices in Antwerp, Brisbane, Hamburg, London, Rio de
Janeiro, Singapore, and Tokyo, as well as a number of local offices in
the U.S. and Canada. The Group is also engaged in the servicing of
vessels and handling of cargo through its terminals and by its
Facts and stats of MV Federal Sable
Length: 190 metres (approximately the length of two Canadian football
Beam: 28.3 metres
Flagged: Marshall Islands
Class: Ice-Class 1C, Lloyd's Register
Built: Ouhua Shipyard, China
Named after: Sable River, Nova Scotia, Canada
Number of crew: 22
SOURCE Fednav Ltd.
For further information:
Contact: Marc Gagnon, 514-878-6470 / 514-518-6470