Fednav and V6 Agronomy Sign Memorandum of Understanding

The agreement will support phosphate shipments into the Canadian Great Lakes

Montreal, Quebec, Canada - March 18, 2026

Fednav International Ltd. ("Fednav"), 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: "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: "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.


Image by Fednav Limited.

About Fednav
Fednav is Canada's largest international dry bulk shipping company. Headquartered in Montreal, it operates a fleet of about 130 vessels-half of which are owned-and delivers over 30 million tonnes of cargo annually. With global offices and deep expertise in Arctic and St. Lawrence-Great Lakes seaway navigation, Fednav is recognized for its commitment to safety, innovation, and sustainability.

About V6
V6 Agronomy is a Canadian agricultural solutions company focused on sustainable crop nutrition, supply-chain innovation, and enhanced-efficiency fertilizer systems. Through strategic marine, rail, and inland terminal partnerships - including a new Prairie-Seaway corridor - V6 is strengthening food security, supporting Canadian growers, and advancing a reliable, Canadian-controlled agri-logistics pathway across the country.

Fednav Limited - Press Release