Furetank and Algoma Central Corporation are strengthening their joint venture, adding two more eco-friendly vessels to their fleet, in response to increasing demand for sustainable biofuels transportation in Northern Europe. The mynewsdesk source.
- Furetank and Algoma Central expand their FureBear joint venture with two additional vessel orders, totaling ten eco-friendly intermediate product tankers.
- The expansion is driven by the need to meet rising demand for biofuels transportation and growing customer emphasis on sustainability.
- These environmentally advanced Vinga series vessels are set to play a vital role in reducing the climate footprint in the maritime supply chain.
Growing Fleet Capacity
Furetank and Algoma Central Corporation announce the expansion of their FureBear joint venture with the addition of two more vessel orders, bringing the total to ten intermediate product tankers destined for Northern European trade.
Environmental Excellence
The decision to extend the joint venture is driven by the environmental performance and demand for biofuels transportation. The Vinga series vessels are recognized for their superior environmental credentials, positioning them as the preferred choice amid market trends focused on sustainability.
Meeting Future Demand
With growing awareness of the importance of reducing the climate footprint in the supply chain, modern and efficient intermediate size tankers like the Vinga series are in high demand. This expansion ensures Furetank and Algoma Central can meet customer demand for years to come.
Customer-Centric Growth
The FureBear joint venture is not just about expanding assets but delivering exceptional customer service. Algoma Central Corporation aims to provide environmentally friendly transportation solutions while maintaining a strong commitment to its partners and customers.
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Source-mynewsdesk