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Arctic Gateway, Fednav sign deal…

Arctic Gateway, Fednav sign deal to explore year-round shipping through Port of Churchill

Arctic Gateway Group and Fednav Limited have signed a memorandum of understanding to explore expanding trade through the Port of Churchill, including the possibility of a year-round shipping season.

The partnership will combine Fednav’s experience in Arctic marine operations with Arctic Gateway’s infrastructure and focus on northern and Indigenous economic development.

“Fednav’s long-standing leadership in marine operations complements our commitment to strengthening Churchill’s already established position as a northern trade gateway,” said Chris Avery, CEO of Arctic Gateway Group. “Together, we’re laying the groundwork for a new era of year-round shipping that reflects northern priorities, the Canadian national interest, and the global demand for Canadian resources.”

Paul Pathy, Fednav’s president and CEO, said the agreement has “tremendous potential” for Canada’s North.

“Fednav is pleased to partner with Arctic Gateway to explore this ambitious and forward-looking vision for the Port of Churchill,” Pathy said. “We see tremendous potential in combining our marine and logistics expertise with AGG’s unique ownership model and regional leadership, further establishing Churchill as the key to unlock sustainable growth in the North.”

Arctic Gateway has recently tripled its critical mineral storage capacity at the port and increased freight volumes along the Hudson Bay Railway.

Prime Minister Mark Carney voiced his support for the project.

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