BW Group names third FSRU BW Magna

BW Group names third FSRU BW Magna

Singapore-based gas shipping giant BW Group on Monday informed it has named its newbuild FSRU at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME). In a brief statement through its social media …
Feb 11, 2019 /  Vessels
Pavilion Energy and BW ink deal for long-term charter of two Singapore-flagged LNG newbuilds

Pavilion Energy and BW ink deal for long-term charter of two Singapore-flagged LNG newbuilds

Pavilion Energy has signed an agreement with BW Group (BW) for the long-term charter of two M-type, Electronically Controlled, Gas Injection (MEGI) LNG newbuilds. The 173,400 m3 vessels are scheduled for delivery …
Oct 22, 2018 /  Vessels
BW Group enters into a definitive agreement to buy additional 36.3% stake in Hafnia Tankers

BW Group enters into a definitive agreement to buy additional 36.3% stake in Hafnia Tankers

BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of former Tankers Inc. The majority of the shares will be acquired through BTS, a …
Jul 9, 2018 /  Finance
Mitsui to Participate in Floating Storage and Regasification Unit (FSRU) Project in Pakistan

Mitsui to Participate in Floating Storage and Regasification Unit (FSRU) Project in Pakistan

Mitsui & Co., Ltd. (Mitsui) has entered into an agreement with BW Group (BW) to form a joint venture (JV), and to acquire a 49% stake in the JV to jointly own the Floating Storage and Regasification Unit (FSRU) BW …
Nov 14, 2017 /  Vessels
DHT Holdings announces completion of delivery of all vessels acquired from BW Group and transfer of two newbuilding contracts

DHT Holdings announces completion of delivery of all vessels acquired from BW Group and transfer of two newbuilding contracts

DHT Holdings, Inc. (NYSE:DHT) (DHT) announced that it has completed the delivery of the nine VLCCs acquired from the BW Group Limited and the contracts for the two newbuildings due for delivery in 2018 have been …
Jun 27, 2017 /  Vessels
Teekay’s First LNG Newbuilding Carrier Built in China Completes Sea Trials

Teekay’s First LNG Newbuilding Carrier Built in China Completes Sea Trials

Teekay announced yesterday that Pan Asia has successfully completed sea trials off the east coast of Shanghai in the East China sea. Pan Asia is the first of four 174,000 cubic meter Tri-Fuel Diesel Electric (TFDE) …
Jun 21, 2017 /  Vessels
DHT Holdings Takes Delivery Of Two VLCCs From BW Group

DHT Holdings Takes Delivery Of Two VLCCs From BW Group

DHT Holdings, Inc. (NYSE:DHT) (DHT) announced that it has today taken delivery of the DHT Opal (formerly BW Opal) and the DHT Raven (formerly BW Lion), the second and third of the VLCCs acquired from BW Group …
Apr 24, 2017 /  Vessels
DHT Holdings Takes Delivery Of First VLCC From BW Group

DHT Holdings Takes Delivery Of First VLCC From BW Group

DHT Holdings, Inc. (NYSE:DHT) (DHT) announced that it has today taken delivery of the DHT Utik, the first of the VLCCs acquired from BW Group Limited. All nine vessels in the water are expected to be delivered during the …
Apr 20, 2017 /  Vessels
ABB to power and remotely monitor new BW Group LNG FSRU vessel

ABB to power and remotely monitor new BW Group LNG FSRU vessel

ABB will supply the power and electric propulsion system to a new Floating Storage and Regasification Unit (FSRU) for BW Group, which will also be remotely connected to ABB’s Collaborative Operations Centers. …
Mar 28, 2017 /  Vessels
DHT Holdings Announces Acquisition Of 11 VLCCs From BW Group And Equity At $5.37 Per Share

DHT Holdings Announces Acquisition Of 11 VLCCs From BW Group And Equity At $5.37 Per Share

BW Group Limited and DHT Holdings, Inc. (NYSE:DHT) announced earlier today the acquisition of BW Group's VLCC fleet by DHT. The fleet consists of 11 VLCCs, including two newbuildings due for delivery in …
Mar 23, 2017 /  Finance