Swedish Furetank AB and Canadian Algoma Central Corporation will own 50% each of the joint venture, which is to be named FureBear.
The joint venture, with Furetank as a leader in the Northern European intermediate ice-class product tanker segment, will advance Algoma's presence in international short sea shipping markets and strengthen the company's investment in long-term sustainable shipping solutions.
This investment will enable us to continue on our strategic path to diversify geographically and into niche short-sea markets. Short sea shipping is our core DNA here at Algoma and these specialized, environmentally conscious vessels will fit naturally into our expanding global fleet, said Gregg Ruhl, President and CEO of Algoma Central Corporation.
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Esta historia es de la edición August 2022 de Sailor Today.
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CHARTING A COURSE FROM DREAM TO LEGACY
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STREAM MARINE TECHNICAL CELEBRATES WORKING WITH 100 COMPANIES ON THEIR ROAD TO DECARBONISATION
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FURETANK WINS EQUINOR SAFETY AND SUSTAINABILITY AWARD
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I WILL CHAMPION MARITIME, SECRETARY OF STATE FOR TRANSPORT TELLS LISW25 LAUNCH
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SEMINAR ON INDIA'S ROLE IN MSC ENSURING SAFER & AMP; SUSTAINABLE SHIPPING
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STRENGTHENING MARITIME TRAINING IN INDIA The Case for Proposed Amendments to the Merchant Shipping Act
The future of maritime education lies in our ability to adapt and improve our legal and training frameworks
