Corporate Governance
Policies and Procedures
Fednav complies with all applicable regulatory requirements and tax regulations in the jurisdictions where we operate. Where possible, we adopt best practices that go beyond what is legally required.
Our policies and procedures ensure that we conduct our business responsibly.
Crafted upon the foundational values of integrity and honesty, our Code of Business Conduct and Ethics supports our commitment to upholding legal and ethical standards.
This comprehensive Code delineates our firm stance across various pivotal domains, including:
- Adherence to Legal Frameworks
- Prevention of Discrimination and Harassment
- Vigilance against Conflicts of Interest
- Accurate Recording and Transparent Reporting of Information
- Vigilance against Bribery, Corruption, and Money Laundering
- Guidelines on Gifts and Hospitality
By adhering to these principles, we affirm our commitment to fostering a culture of trust, transparency, and accountability throughout our organization, ensuring that each member operates with the highest level of integrity and responsibility.
We are committed to promoting a work environment that is free of harassment and violence. All employees have the right to be treated fairly, respectfully, and with dignity, and they are responsible for treating others in the same manner. Therefore, we take every reasonable measure to prevent and resolve instances of harassment and violence in the workplace.
The Policy for the Prevention and Resolution of Harassment and Violence in the Workplace applies to all Fednav employees and all third parties (i.e., suppliers, customers, clients, job applicants, etc.). It encompasses all situations of harassment, discrimination, and violence in the context of work-related activities.
We are dedicated to fostering a workplace free from unlawful discrimination, bullying, or harassment. We recognize the importance of providing employees with a secure and confidential channel to report any instances of misconduct, unethical behaviour, or legal violations without fear of retaliation.
Amidst turbulent times and market fluctuations, we've gained a deeper insight into both foreseeable and unforeseeable risks. Climate change and cybersecurity are just some examples that pose unpredictable threats with significant implications for our industry and global communities.
Our decisions prioritize long-term sustainability by considering various factors. We enhance our risk assessment by measuring global forces like market volatility, geopolitical dynamics, cyber threats, and technological advancements, enabling informed business decisions. Additionally, we strengthen our readiness for unforeseen events through continuity and recovery planning, ensuring our lasting success in navigating future challenges.
Enterprise Risk Management
Solid governance at Fednav relies on a solid enterprise risk management approach, providing benefits such as resilience, integrity, and long-term value creation. Our organization-wide framework integrates risk identification, governance oversight, operational resilience, and ethical principles.
Dedicated committees, accountability, and continuous review enable us to address emerging regulatory, cybersecurity, geopolitical, and market risks. Business continuity planning and crisis preparedness further enhance reliable operations. These practices embed risk awareness into decision-making, reinforce transparency, and advance sustainable global growth.
Digital Transformation
In the dynamic realm of global trade, we have advanced our digital transformation by implementing a new data governance framework, improving data quality metrics, and reinforcing internal controls, thereby enhancing resilience, sharpening financial oversight, and improving risk management.
By leveraging advanced analytics, implementing optimized routing solutions, and continuously refining our processes, we proactively address potential disruptions, improve cost efficiency, and improve our responsiveness to market changes and customer expectations.
Our services
No matter how complex the route, we specialize in navigating the way safely and reliably. You can count on 80+ years of experience in dry bulk marine shipping, the largest fleet of ice-class bulk carriers, and 130+ owned and chartered vessels to successfully complete every voyage.
