Furetank places order for two more LNG-powered vessels in China

Swedish shipowner Furetank has completed its fleet renewal with the order of another two LNG-powered tankers at China Merchants Jinling Shipyard in Yangzhou.

According to a statement by Furetank, the new Vinga ice-class 1A 17,999-dwt vessels will be fully owned by the shipping firm.

Furetank expects to take delivery of the two ships in the end of 2026 and beginning of 2027.

The firm did not reveal the price tag of the deal.

Following delivery, the vessels will be entered into the Gothia Tanker Alliance and operated by Furetank out of Gothenburg, flying the Swedish flag.

This brings the Vinga vessel series to a total of 21 ships, out of which 19 will be commercially managed and 14 fully operated by Furetank, it said.

Also, they will replace older tonnage, meaning that all vessels in the Furetank fleet will be of the Vinga design.

All of these 149 meters long and 22.8 meters wide vessels can run on LNG or LBG and have battery backup as well.

The new ships are designed by Furetank together with FKAB Marine Design.

Also, they will feature two methane slip reducing technologies, a greenhouse gas (GHG) reduction package, and low load optimization package, co-developed by Wartsila and Furetank.

Prior to this order, Furetank and Canada’s Algoma Central ordered two more LNG-powered tankers at the same yard, boosting the total to ten vessels the 50/50 joint venture, FureBear.

“When these vessels arrive, the average age of our fleet will be less than two years. Since the introduction of the Vinga series in 2018, Furetank has developed into a substantially larger shipping company with our focus set on environmental progress. It has been an amazing journey,” said Lars Hoglund, CEO of Furetank.

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