Foremost Group has brought the average age of its on-the-water fleet to below five years after taking delivery of two biofuel-upgraded newbuildings and selling off five ships earlier in the year.
Before the sales and the delivery of the 182,300-dwt Bo May and 181,300-dwt Heng May from Namura Shipbuilding, Foremost’s fleet at the end of 2023 had an age of about 6.2
