Furetank News

This week, Van Oord’s trailing suction hopper dredger Vox Ariane completed its first bunkering of bio-LNG.The move follows the July news that NYK has started the continuous use of bio-LNG fuel on its LNG-powered car carriers.There’s been more firsts this year. In February 2025, Furetank conducted its first bio-LNG bunkering. In March, Titan and Mitsui OSK Lines (MOL) completed the first bio-LNG bunkering operation of a multi-year contract. In April, the Avenir Ascension began operating on 100% bio-LNG…

The outcome of MEPC 83 in April could establish the IMO’s mid-term GHG and carbon pricing strategy for achieving net-zero by around 2050. Not everyone is waiting; they have enough confidence in the LNG pathway to order new ships.According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 34 new orders for alternative-fueled vessels were placed in February 2025, 33 of them for LNG-fueled container ships.The trend is continuing this week with CSSC subsidiary…

Furetank has completed its first bunkering of 200 tonnes of ISCC certified Bio-LNG, in collaboration with environmental commodity trader STX Group and Molgas.The tanker vessel Fure Viken was bunkered whilst anchored outside Mongstad, Norway.The bio-LNG helps Furetank comply with the new FuelEU Maritime Regulation, requiring a 2% reduction in the greenhouse gas intensity of vessel fuel by 2025.Bio-LNG is a mass balanced product where biomethane of certified origins is purchased and injected into the gas grid…

When the newbuilt tanker vessel Fure Vyl leaves the shipyard, Ailene Barrios heads the technical department on board. She is one of very few Filipino women in the business who have advanced to be a Chief Engineer.Furetank hopes that more will follow.Barrios started working with Furetank 16 years ago after finishing her studies and has been continuously promoted as she has obtained her licenses.“Furetank has always supported me to do my best. Being promoted has come with some fear every time, but I have overcome it, being excited and always up for the challenge.

Swedish family-owned shipping company Furetank is making a shift in management, where Björn Stignor steps into the CEO position from an international career in the Stena sphere. Former CEO Lars Höglund continues as chairman of the board, focusing on Furetank’s expansive newbuilding programme and other engagements in shipping industry and policy.Lars Höglund has a career of 50 years in shipping. During his almost three decades of leadership, Furetank has grown from owning two tankers to in-house management of about 20 vessels.With the company undergoing intense and unprecedented expansion…

The first vessel in a series of 10 newbuilds has been delivered to FureBear, a 50/50 joint venture between Sweden's Furetank and Canada's Algoma Central Corporation.Fure Vanguard is a dual-fuel ice class 1A 17,999 DWT product tanker built by China Merchants Jinling Shipyard in Yangzhou, China.The FureBear JV was formed in 2022 with an initial order for four ships. Later that year, the partners placed an order for four additional vessels, and in 2023 they ordered two more ships.

Furetank adds another two Vinga vessels to the order line. Upon delivery, Furetank’s fleet will consist entirely of environmentally proven, top standard vessels with an average age of two years, the company said."We did our homework. This development towards sustainability has been an amazing journey," said Furetank CEO Lars Höglund.The vessels are number 20 and 21 in the Vinga series of intermediate size product tankers and will be fully owned by Furetank Rederi AB. They will replace older tonnage.The Vinga series has been rapidly expanded in the last few years…

Furetank and Algoma Central Corporation announced further expansion of their FureBear joint venture with orders for two additional vessels. The two ships will be constructed at China Merchants Jinling Shipyard in Yangzhou, China, with delivery expected in second and third quarters of 2026.The new order for Vinga series vessels grows the FureBear joint venture to a total of 10 intermediate product tankers under construction, with the first vessel slated for delivery in the first quarter of 2024.

Wärtsilä and Swedish shipping company Furetank are co-developing and testing two technologies showing the potential to halve the methane slip.Running vessels on LNG or bio-LNG reduces emissions of CO2, NOx, SOx and harmful particles, but the downside is methane slip: the release of unburned gas fuel, not fully combusted in the engines.Although the fraction released is small, methane is a more potent greenhouse gas than CO2.Two technical solutions have been tested in Furetank’s Vinga series tankers.

Swedish shipping company Furetank said its board of directors has appointed Jonatan Höglund to be the company’s new deputy CEO, marking a milestone of a new generation Höglund moving into top management of the family-owned company.The position has been vacant since Per-Anders Höglund retired in 2021.Jonatan Höglund has a bachelor's degree in marine engineering and is a certificated superintendent. He brings many years of experience as Furetank’s newbuilding inspector, overseeing the development and construction of the VINGA vessel series…

Swedish shipping company Furetank announced its employee Therese Boman has taken the next step in her career, becoming a captain of the tanker Fure Vinga.Boman started off as a chief officer when she joined Furetank two years ago. All the way from graduating school and joining her first ship as a junior officer, she has strived to grow the experience, knowledge and time at sea needed to reach the highest position of a ship."I always knew I wanted to become a captain. Since I started at Furetank, the management has continuously trusted me to step by step take on more responsibility.

FureBear, a joint venture between Swedish shipping company Furetank and Canadian shipping company Algoma, together with U.K.-based Larsson Shipping, has taken over the ownership of Algoma’s product tanker Algonorth.The 2008-built, 6,958 dwt double hull product oil tanker has arrived from Canada to trade in Northern Europe under the new name Fure Skagen.Owned by FureBear and Larsson Shipping and flying the Faroe Island flag, Fure Skagen will be commercially managed by Furetank Chartering in the Gothia Tanker Alliance.Furetank and Algoma formed the FureBear joint venture in 2022…

Furetank turned a former office building into a maritime educational center on Donsö outside Gothenburg: a state-of-the-art ship simulator complex for training, assessment and certification. Starting in the summer of 2023 it will be available for the shipping cluster on Donsö as well as external organizations.Furetank has ordered a large range of new-built vessels to be delivered in the coming years, and crewing these ships is a challenge. The new simulator center is seen as helping to alleviate some training bottlenecks…

Canadian shipping company Algoma Central Corporation on Thursday announced it has acquired two 18,894 dwt product tankers. Built in 2007, the sister ships were purchased to prepare for the coming replacement of two older vessels in the company’s Algoma Product Tankers fleet.“The vessels are high quality additions to our Product Tanker fleet,” said Gregg Ruhl, President and CEO of Algoma, “and mark an important step in our on-going fleet renewal journey, which is expanding to include renewal within our tanker fleet.

Denmark-based marine pump maker Svanehøj said Wednesday it had secured an order to deliver electric cargo pumps for seven LNG-/LBG-fueled chemical & product tankers. The client is the joint venture-company FureBear.Swedish Furetank AB and Canadian Algoma Central Corporation have entered into a joint venture agreement to construct eight LNG/LBG-fueled ice class 1A chemical & product tankers (17,999 DTW) to trade in Northern Europe.The joint-venture company, FureBear, is now placing a significant order with the pump specialist Svanehøj…

Furetank has been granted state and EU climate investment support for installing shore power connection on a tanker currently in production.The funding will be provided by Klimatklivet, an initiative by the The Swedish Environmental Protection Agency and NextGenerationEU. It supports local climate investments that reduce greenhouse gas emissions and contribute the greatest possible climate benefit.The vessel in question is currently being built at the shipyard in China. When delivered in Q1 2024 it will become number nine in the VINGA vessel series designed by Furetank and partners.

Swedish Furetank and Canadian Algoma Central Corporation expand the FureBear joint venture to include eight climate-friendly, dual-fuel product tankers to trade in Northern Europe.The 50/50 owned joint venture was announced in August and is now extended with four additional 17,999 DWT tankers, bringing the total investment to eight vessels.Like the initial four vessel order, the additional four ships will be constructed at China Merchants Jinling Shipyard in Yangzhou, China. Two of them have already been ordered by Furetank in September and will be transferred to FureBear…

Furetank Rederi AB said it has signed an agreement to sell two 17,999 dwt dual-fuel product tankers Fure Valö and Fure Ven to the Finnish company Neste, a producer of sustainable aviation fuel and renewable diesel. The vessels will be delivered in October and December 2023, when the first of the seven new-buildings already ordered by Furetank and partners are scheduled to be delivered from the shipyard in Yangzhou."It is good news for us that we can continue to advance our environmental efforts and develop new vessels.

Swedish shipping company Furetank announced it has signed a letter of intent with Eskilstuna Biogas, enabling the development of a new biogas plant producing around 5,000 tonnes of LBG annually.Furetank commits to buying at least 75% of the produced fuel for 10 years. The gas will be extracted from manure and food waste from the municipalities of Eskilstuna and Strängnäs. It is upgraded to a 100% waste-based, fossil-free and renewable biofuel, LBG.For Furetank, the move is a big step toward its switch from liquefied natural gas (LNG) to LBG as a marine fuel…

Sweden-based Furetank said it has signed a contract for a new dual-fuel tanker to be built by China Merchants Jinling Shipyard in Yangzhou for scheduled delivery in July 2024. The deal includes an option for additional vessels.The 17,999 dwt vessel will be number 11 in the Vinga series of sister vessels designed with special focus on minimum environmental impact. Furetank owns four of the vessels already delivered and commercially operates all.The Vinga vessels all have dual-fuel capability and run on LNG/LBG.

Canadian shipping company Algoma Central Corporation announced it has entered into a joint venture agreement with Furetank AB of Sweden to construct four dual-fuel ice class 1A 17,999 DWT climate friendly product tankers to trade in Northern Europe. The 50/50 joint venture will be named FureBear.The tankers will be constructed at China Merchants Jinling Shipyard in Yangzhou, China, with delivery expected between 2023 and 2025. Upon completion, all four vessels will be entered into the Gothia Tanker Alliance, and will be operated by Furetank out of Gothenburg, Sweden.

Sweden-based Furetank announced it has signed a contract for two more dual-fuel tankers. The two 17,999 dwt vessels are scheduled to be delivered from the China Merchants Jinling Shipyard in Yangzhou in fall 2024 and spring 2025.The order marks the fifth and sixth sister ships ordered in Furetank's Vinga series this year. The class, designed with a special focus on energy efficiency and minimum environmental impact, has now reached 15 vessels altogether, all commercially operated by Furetank.Lars Höglund…

Dutch LNG supplier Titan LNG's bunker barge FlexFueler001 has supplied LNG to Ramelia, oil and chemicals tanker owned by Sweden's Alvtank, while the ship was unloading cargo at the Oiltanking Terminal in Amsterdam.It is the first time a simultaneous operation (SIMOPS) has taken place with LNG bunkering in the Port of Amsterdam, allowing the Ramelia to unload cargo whilst receiving LNG bunkers."This important step, in which Oiltanking Amsterdam and Furetank Chartering joined, enables the receiving vessel to have a quicker turnaround in the port as it  does not have to shift to a designated LNG bunkering location, such as the Titan LNG facility…