Fednav International Ltd., an international leading dry bulk shipping company headquartered in Canada, and V6 Agronomy Inc. (“V6”), a Canadian agribusiness company, have signed a memorandum of understanding (MOU) outlining a longterm collaboration to support the transportation of phosphate into the Canadian Great Lakes. Under the agreement, Fednav will provide shipping services for phosphate cargoes originating from Europe and North Africa and destined for the Port of Johnstown, Ontario, supporting V6’s supply chain and downstream agricultural activities. The MOU establishes a framework for cooperation focused on reliability, operational efficiency, and longterm planning.
Frank Mortensen, Senior Vice President, Commercial, Fednav said: “This agreement reflects our shared commitment to building resilient and dependable supply chains that support Canadian agriculture. We are pleased to work with V6 Agronomy on this important project and to leverage our experience in Great Lakes shipping to support their growth.”
V6 Agronomy views the partnership as a key enabler of its logistics strategy.
Ryan Brophy, Chief Executive Officer, V6 Agronomy added: “This collaboration with Fednav provides us with a strong and experienced shipping partner as we expand our operations. Together, we are focused on ensuring a reliable flow of product into the Great Lakes region.”
The agreement reflects both companies’ intention to work closely to support the efficient movement of essential agricultural inputs into Canada.