Canadian dry bulk shipping specialist Fednav has signed an agreement with Sumisho Marine and Oshima Shipbuilding to build 10 ocean-going lakers.

Fednav newbuilds

The ships will be built at Oshima shipyard in Japan, with the first vessel expected to be delivered in mid-2023. Carbon emissions will be 33 percent lower than the vessels they will replace, and will have nitrogen oxides (NOx) footprint at least 87 percent smaller. They will feature Tier III engines and have 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”.