Search results for: bw

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  • 11 March 2015
    Business & Finance

    Oslo Stock Exchange-listed BW Offshore has sold the VLCC BW Opal for USD 85.5 million to BW Group. The transaction is performed on an arms-length basis, based on independent valuation reports and technical inspection of the vessel. The agreement also includes an option for BW Offshore to buy-back the vessel until Q1 2017, the company […]

  • 17 November 2014

    BW LPG has taken delivery of the VLGC BW Aries from Hyundai Heavy Industries.

  • 18 November 2015
    Business & Finance

    BW Pacific Limited not proceeding with its planned IPO and listing on the Oslo Stock Exchange has no impact on the credit rating of its majority shareholder, BW Group Ltd, rated at Ba1 stable, as the decision will have limited implications on BW Group’s liquidity profile or capital structure, according to Brian Grieser, a Moody’s Vice […]

  • 14 November 2017

    Singapore-based gas shipping giant BW recently held a naming ceremony for the company’s two MEGI LNG carriers. The naming ceremony for the M-type, Electronically Controlled, Gas Injection (MEGI) LNG vessels took place at the Daewoo Shipbuilding & Marine Engineering shipyard in South Korea. The 173.400-cbm LNG carriers named BW Tulip and BW Lilac are the first […]

  • 10 June 2020
    Infrastructure, Vessels

    BW LNG’s new ME-GI carrier recently left the Daewoo Shipbuilding and Marine Engineering yard in South Korea for gas trials. The vessel is BW’s fifth newbuilding with M-type, electronically controlled, gas-injection propulsion and re-liquefaction system, in a series of nine ships ordered at the Korean yard. According to BW LNG, ME-GI vessels have a fuel […]

  • 9 September 2019
    Business & Finance

    Following delivery, the vessels will start long-term charters with Pavilion Energy and BP.

  • 23 May 2019
    Business & Finance, Infrastructure

    FPSO leasing specialist BW Offshore is looking to spin off its E&P subsidiary BW Energy as a separate company and is planning to list it on the Oslo Stock Exchange.

  • 28 February 2020

    BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said it has taken delivery of BW Magnolia from the South Korean Daewoo Shipbuilding and Marine Engineering (DSME) shipyard.

  • 11 September 2018
    Business & Finance

    Dorian LPG is continuing to explore the merger proposal from BW LPG.

  • 27 April 2015

    BW LPG said that it has taken delivery of BW Leo, the fourth Very Large Gas Carrier in its newbuilding programme of eight VLGCs from HHI.

  • 15 October 2015

    BW LPG said that it has taken delivery of BW Orion, the sixth very large gas carrier in its newbuilding programme of eight VLGCs from Hyundai Heavy Industries.

  • 6 July 2020
    Infrastructure, Vessels

    BW’s LNG unit has on Friday taken delivery of a newbuild ME-GI carrier from South Korea’s Daewoo Shipbuilding and Marine Engineering. The BW Pavilion Aranthera is BW’s fifth ME-GI vessel with re-liquefaction system in a series of nine ships. Shipping data shows that the 173,400-cbm LNG carrier is heading to Singapore to perform its first […]

  • 17 June 2014

    BW Group has announced that it has appointed Carsten Mortensen as Group CEO. Current BW Group CEO Andreas Sohmen-Pao will join the BW Group Board of Directors and remain actively involved in the group, including on the board of subsidiaries BW Offshore, BW LPG and BW Pacific. BW has significantly broadened its scope of activity in […]

  • 12 August 2019
    Vessels

    BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said its third ME-GI newbuild, the BW Pavilion Aranda is completing its sea trials. 

  • 13 August 2019

    BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said the FSRU BW Magna has started modification works at the Sembawang Shipyard. 

  • 9 May 2019
    Vessels

    BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said its 173,400-cbm BW Tulip liquefied natural gas carrier hit an STS transfer milestone. 

  • 14 November 2017
    Business & Finance

    Japan’s Mitsui & Co. has formed joint venture with gas shipping company BW Group Limited to own the Floating Storage and Regasification Unit (FSRU) BW Integrity. Mitsui & Co. has purchased a 49% share in BW Integrity, while BW continues to own a 51% share in the vessel. In line with the deal, BW will continue to provide […]

  • 24 October 2016
    Vessels

    BW LPG said it has taken delivery of BW Magellan, the first of four Very Large Gas Carriers (VLGCs) in its newbuilding program from Daewoo Shipbuilding and Marine Engineering (DSME).

  • 27 February 2015
    Vessels

    BW LPG said that it has taken delivery of BW Carina, the second very large gas carrier in its newbuilding program of eight VLGCs.

  • 18 June 2014

    BW said that it has appointed Carsten Mortensen as Group CEO. Current BW Group CEO Andreas Sohmen-Pao will join the BW Group Board of Directors and remain actively involved in the group, including on the board of subsidiaries BW Offshore, BW LPG and BW Pacific. BW has significantly broadened its scope of activity in the past […]

  • 29 October 2018
    Vessels

    BW LNG’s first M-type, Electronically Controlled, Gas Injection (MEGI) LNG vessel has recently started a long-term charter with French energy giant Total. The 173,400-cbm BW Tulip started the charter with Total on October 10, BW LNG, a unit of the Singapore-based gas shipping giant BW Group said in a brief statement via its social media channels. […]

  • 6 June 2014
    Business & Finance, Project & Tenders

    BW Offshore has received a contract extension for the FPSO BW Athena with Ithaca Energy. The primary term of the contract expires in Q2 2015, and Itacha Energy has exercised the option for a secondary term of up to five years. Ithaca Energy has the right to terminate the contract on a rolling 12-month notice. BW Athena was […]