ALTERNATIVE FUELS & LUBRICANTS

New JV orders four dual-fuel tankers

Swedish Furetank and Canadian Algoma Central Corporation will each own a 50% share in joint venture (JV) company FureBear to build four dual-fuel product tankers.

Furetank and Algoma Central Corporation have signed a contract for four product tankers in the Vinga class of dual-fuel tankers with China Merchants Jinling Shipyard.

Swedish Furetank and Canadian Algoma Central Corporation will each own a 50% share in joint venture (JV) company FureBear to build four dual-fuel product tankers.

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