planet, the company is also adjusting to new technologies. Knud Jensen, President and CEO, explained more to Hannah Barnett.
From its HQ in Montréal, Canfornav’s team of 40 skilled employees proudly provide a world-class service to customers, developing long-lasting relationships. The company’s main focus is the Atlantic
handysize market, linking the Great Lakes and the St Lawrence River to ports around the world. As a relatively small player in a fairly niche sector, Canfornav prides itself on precision and quality of service.
“We have an open book policy with all our clients,” explained Knud Jensen, President and CEO. “We also encourage the idea that if there is a problem, to let us know. Actually, we behave the same way. If a charter client somehow misbehaves, we will let them know that it’s not fair game. Does it always work?
No, but the open book policy, I think, works. It doesn’t mean we get more money for our work, but we get a good look at all relevant business information.”
Canfornav is focused on innovation and is proud to provide a reliable service; its vessels carry approximately eight million tonnes of
various types of cargo annually. This includes grain, agricultural products, fertilisers, steel, concentrates and more.
Updating the fleet
Since 2019, the company has been expanding its fleet with a series of Japanese bulk carriers on long-term charters. M/V Woody, the first vessel, was delivered at the
2024, totalling 14 vessels of 40,000 tonnes. Canfornav has further concluded business for an additional 10 vessels of 40,000 tonnes to be delivered between 2025 and 2028.
Canfornav has also ordered two 40,000 tonnes Ice Class 1C from Onomichi shipyard for delivery 2028.
Significantly, Canfornav now owns a fleet of 24 30,000 to 37,000DWT lakes-suitable
ofHuman Resorces &A
Expanding the footprint
irecto sident and CEO, KnudJe completes around 450-500 fixtures a year. Much of the company’s success it owes to a skilled team, according to Mr Jensen.
