Bw Group News

Hopkins Named Managing Director at Harris Pye UK

Nigel Hopkins has been appointed Managing Director of Harris Pye UK Ltd based at the company’s headquarters in Llandow in Wales. He joined Harris Pye on May 1 this year working alongside Dave Hayden, the company’s retiring Managing Director at the Harris Pye UK headquarters in Llandow…

Reedy Joins DHT Holdings Board of Directors

DHT Holdings, Inc. said it has appointed Susan Reedy to its board of directors as a Class I Director with a term expiring at the company’s 2020 annual shareholders meeting. In connection with Reedy’s appointment, the company’s board has increased to six directors…

Vopak Launches Concurrent Bunkering Services in Singapore

Vopak, the world’s largest independent storage tank operator, has launched a new service that allows tankers docking at its Singapore Sebarok oil terminal to refuel while simultaneously loading or discharging cargoes. ‘The new concurrent…

IMC Envisages Singapore as Global Maritime Hub

The International Maritime Centre (IMC) 2030 Advisory Committee, established by the Maritime and Port Authority of Singapore (MPA) in August 2016, has submitted the IMC 2030 Strategic Review report to the Singapore Government.  The Committee’s…

Traders Look to Asia Products for U.S. Options

Traders adding U.S. port options to cargoes for flexibility. Traders are scrambling to find oil products in Asia to ship to the United States and Latin America after Hurricane Harvey shut almost a quarter of U.S. refining capacity, several trading and shipping sources told Reuters on Wednesday…

BW Catcher Sails to North Sea

BW Offshore, a leading global provider of floating production services to the oil and gas industry, announced the sail away of the FPSO BW Catcher. The vessel has left Keppel Shipyard in Singapore and is currently in transit to the Catcher field in the central North Sea…

BW LPG Establishes a JV in India

BW LPG Limited and Global United Shipping India Private Limited, have agreed to establish a joint venture in India in which the parties will own 50% each.  The purpose of the new joint venture, named BW Global United LPG India Private Limited…

BW Group Completes VLCC Deliveries to DHT

DHT Holdings, Inc. said it has taken delivery of nine VLCCs acquired from the BW Group Limited, as well as the contracts for two VLCC newbuilds due for delivery in 2018. ‘The delivery of the fleet acquired from BW has been conducted in a speedy and efficient manner…

BW Offshore to get FPSO from Keppe

Keppel Shipyard Ltd (Keppel Shipyard), is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to BW Catcher Limited, a wholly-owned subsidiary of BW Offshore. When completed BW Catcher will be on a 7-year fixed…

BW LPG Refinances Six Ex-Aurora Ships

BW LPG Limited has signed a Debt Facility Agreement of USD290 million for the re-financing of six 2016 built ex-Aurora ships.  The re-financing has been raised from The Export-Import Bank of Korea (KEXIM) as ECA (Export Credit Agency) lender…

India Impounds Ships, Detains Crew Over Oil Spill

Port authorities in Chennai have impounded a BW LPG vessel and a local ship carrying heavy fuel oil, and detained their crews, a spokesman for the port said on Friday, after their collision last week caused an oil spill affecting marine life and local fishing…

BIMCO Adopts Ship Financing Term Sheet

In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016.BIMCO President Philippe Louis-Dreyfus said…

BIMCO Awards Leadership, Innovation, Pioneering Business Strategy

BIMCO today presented three awards to recognise and celebrate excellence in the global shipping industry among both companies and individuals in the industry – following BIMCO’s conference in Shanghai. This year the importance of leadership…

Ince Law Alliance Bolsters Singapore Team

Ince Law Alliance has announced a tranche of new appointments to strengthen the scope and quality of its service offering in the shipping law hub of Singapore. The appointments return the senior team to full strength and broaden the range of expertise at the firm…

DSME to Build Two VLCCs for BW Group

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a 200 billion won (US$179.2 million) order to build two oil tankers for Singapore-based oil and gas transporter BW Group. According to Yonhap, DSME will provide the oil and gas transporter two 318…