Fednav new builds

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Re: Fednav new builds

by Guest » September 4, 2021, 6:17 pm

Fednav may be a Canadian company but almost all their ships are registered outside Canada. They only employ foreign crew on contract from a Hong Kong Company.

Fednav new builds

by Jimmy Luddy » September 4, 2021, 2:09 pm

I read the article reporting that Fednav Limited, Canada’s largest dry bulk shipping group signed a contract for the construction of 10 new bulk carriers to be made in Japan. I realize price is the bottom line but is there really a significant difference of having them built in Japan versus being built on the lakes? I would think that supporting ones local economy and fellow countrymen would play into the decision.

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