Furetank signs agreement to sell 2 dual-fuel tankers to Neste

Fure Ven, shown, is one of two dual-fuel tankers Furetank is selling Neste, a global producer of renewable diesel and SAF. (Photo: Furetank Rederi AB)

Furetank Rederi AB has signed an agreement to sell Fure Valö and Fure Ven to the Finnish company Neste Corp., a leading global producer of sustainable aviation fuel (SAF) and renewable diesel.

The vessels will be delivered in October and December of next year, when the first of the seven “newbuildings,” or vessels under construction, already ordered by Furetank and partners are scheduled to be delivered from the shipyard in Yangzhou, China.

“It is good news for us that we can continue to advance our environmental efforts and develop new vessels,” said Lars Höglund, CEO of Furetank. “We perceive it as a great acknowledgement that yet another big player in our market and an important customer of ours chooses to invest in our ships, because of the environmental benefits they bring through reduced emissions and less noise.”

Since Furetank has a long-term contract for transporting renewable fuels for Neste, the company has had the chance to evaluate the Vinga sister vessels. They suit Neste’s profile as the company aims to become a global leader in renewable and circular solutions.

Fure Valö and Fure Ven are equipped with Wärtsilä engines, with dual-fuel capability to run on liquefied natural gas and liquefied biogas.

They are designed in collaboration with FKAB Marine Design with a battery-hybrid solution and several innovative features that reduce fuel and energy consumption. This extensively lowers emissions of CO2, sulfur oxide, nitrogen oxide and hazardous particles.

The ships have scored the best EEDI value in their segment globally, meaning that they are the most energy efficient vessels according to the IMO.

Read more about the Vinga vessel series here.