Furetank and Algoma order four LNG-powered tankers in China

Swedish shipowner Furetank has teamed up with Canada’s Algoma Central to order four LNG-powered tankers at China Merchants Jinling Shipyard in Yangzhou.

FureBear, a 50/50 joint venture between the two firms would own these vessels, according to a Furetank statement issued on Tuesday.

The joint venture would advance Algoma’s presence in international short sea shipping markets and strengthen the company’s investment in long-term sustainable shipping solutions, it said.

Fuertank said it has designed the four dual-fuel ice-class 1A 17,999-dwt product tankers in collaboration with FKAB Marine Design and several onboard system suppliers, with energy efficiency at the forefront of the planning process.

Also, the FureBear vessels will be sisters to the Vinga series of eight vessels currently trading in the Gothia Tanker Alliance.

Furetank has recently ordered the 11th LNG-powered vessel in this series at the Chinese yard.

The Vinga sisters all have dual-fuel capability and run on LNG/LBG or gasoil.

They have a battery hybrid solution and several “innovative” features that reduce fuel and energy consumption, resulting in “extensively” lower emissions of CO2, sulphur oxide, nitrogen oxide and hazardous particles.

These vessels are also fully equipped for shore power.

China Merchants Jinling Shipyard in Yangzhou will deliver the four new vessels between 2023 and 2025.

Furetank did not provide the price tag of the order.

Upon completion, all four vessels will enter into the Gothia Tanker Alliance, while Furetank will operate them out of Gothenburg, Sweden.

- Advertisements -

Most Popular

Greece’s Elpedison testing market interest for Thessaloniki FSRU

Elpedison, a power firm owned by Greece’s Hellenic Petroleum and Italy’s Edison, is inviting companies willing to secure capacities...

Snam wraps up purchase of BW LNG’s FSRU

Italian energy firm Snam has completed the previously announced purchase of BW LNG’s 2015-built FSRU BW Singapore for about...

Dynagas takes delivery of new LNG carrier

Greek LNG shipping firm Dynagas has taken delivery of the 200,000-cbm LNG carrier, Clean Destiny, in South Korea. The firm...

More News Like This

Deltamarin wins contract for La Meridionale’s LNG-powered duo

Finland-based Deltamarin, a unit of China Merchants Group, has signed a contract with China Merchants Jinling shipyard in Weihai...

TGE Marine clinches contract for LNG-fueled PCTCs

Bonn-based TGE Marine Gas Engineering has secured a contract to provide equipment for four LNG-powered pure car and truck...

EPS takes delivery of its first LNG-powered PCTC

Singapore's Eastern Pacific Shipping has taken delivery of its first LNG-powered pure car and truck carrier in China. The Idan...

NYK’s sixth LNG-fueled PCTC starts service

NYK's sixth LNG-fueled pure car and truck carrier (PCTC), Sumire Leader, has started its transportation service for Japan's Mazda...