Multi-owner tanker order lands at China Merchants

Four European and Canadian shipowners have teamed up on a fresh four-ship product tanker order in China, taking Furetank’s long-running Vinga series to 26 vessels. Two of the 17,999 dwt newbuilds will go to FureBear, the 50/50 joint venture between Sweden’s Furetank and Canada’s Algoma Central Corporation. Swedish owner Älvtank is taking another, while Norway’s … Read full article →