ShippingWatch

BW_Group

Read all the latest news about BW Group. ShippingWatch gives you independent, credible, critical and fair news.

BW Group orders a series of new product tankers

BW Group is now entering the LR2 segment with an order for at least six new product tankers with an option for two more. CEO of BW Pacific, Tina Revsbech, confirms the order to ShippingWatch.

DHT's two CEOs are Norway's best paid chief execs

The tanker carrier's two CEOs each earn more respectively than the top chief execs from Norway's three largest companies combined, reports Dagens Næringsliv. Competitor Frontline, which has made repeated attempts to buy DHT, has previously criticized the carrier's salary costs.

Frontline abandons corporate acquisitions and bets on own fleet

John Fredriksen's crude oil tanker carrier Frontline has given up its efforts to buy its way to a position as the world's biggest player in its segment. For now at least. The carrier bets on the benefits from its own fleet renewal, CEO Robert Hvide Macleod tells ShippingWatch.

DHT and BW Group defy Fredriksen's block attempt

Frontline's attempt to stop DHT Holdings' purchase of BW Group's 11 super tankers does not bother DHT and BW Group. "We'll carry on as planned," both parties tell ShippingWatch. Access the New York Supreme Court decision here.

Analysts praise DHT Holdings for "splendid transaction"

Clarksons Platou and Fearnley Securities are both praising tanker carrier DHT Holdings for its purchase of BW Group's VLCC fleet. With the transaction, the company goes from being on the defense to an active player in the consolidation in the tanker market, say the analysts.

DHT Holdings buys 11 VLCCs from BW Group

DHT Holdings is set to buy BW Group's fleet of 11 VLCCs including two newbuildings set for delivery next year, inform the parties Thursday. The transaction will make BW Group a major shareholder in DHT Holdings.

BW Offshore helped by insurance money during rough year

The operating result for the full-year 2016 declined at BW Offshore. The setback was mainly due to losses and expenses related to the wrecked FPSO vessel Cidade de São Mateus. On the other hand, the insurance money from that accident compensates for some of the decline.

BW VLCC: Stadig stort potentiale i Kina

Mens det meste af verden taler om nedgangen i den kinesiske økonomi, og hvordan den påvirker verdenshandlen, så må industrien ikke glemme, at der i mange år frem fortsat vil være stigende behov for olie i Kina – det siger den kommercielle chef for BW VLCC til ShippingWatch.

BW Group hires new CFO from Norden

Jakob Bergholdt, current head of Norden's Singapore office, will become new CFO of BW Group and he will thus be working alongside his former boss at Norden, Carsten Mortensen.

Fearnley: This is how shipping segments will unfold

Analyst firm Fearnley has spent one week in Asia trying to assess the status of the shipping industry in Singapore, Shanghai and Tokyo. Based on visits to a number of key players in the shipping industry, Fearnley projects a bleaker future than previously anticipated.

This is the plan for newly established BW Dry Cargo

A new dry bulk carrier in 2016? This was likely the question on most minds when BW Group on Wednesday announced its plans to establish BW Dry Cargo. Here, CEO Christian Bonfils answers the most pertinent questions, including what the plan is for the new carrier.

BW Group establishes dry bulk company

Singapore-based BW Group is now entering dry bulk with new unit BW Dry Cargo. Former Nordic Bulk Carriers CEO Christian Bonfils will head the carrier from Copenhagen.

Tina Revsbech to start as BW Pacific CEO in August

Former head of Torm's tanker division, Tina Revsbech, has been on garden leave for almost a year now. In August this year she takes up her new position as CEO of BW Pacific in Singapore. The new Copenhagen office is up and running.

BW LPG beats expectations in third quarter

Gas carrier BW LPG delivered a result after taxes of USD 106.2 million in the third quarter, and the carrier thus surpassed analysts' expectations. Cryptic comments about next year.

BW Pacific will not go public at any cost

BW Group’s CEO, Carsten Mortensen, tells ShippingWatch that it will not take subsidiary BW Pacific public at any cost. An IPO was set to fund coming newbuildings and increase M&A opportunities.

BW Pacific gears up for IPO

Product tanker company BW Pacific has initiated an IPO process. If things pan out, the company, which is currently establishing a presence in Copenhagen, could go public before the turn of the year.

BW Pacific establishes European office

Singapore-based BW Group, one of the world's biggest shipping groups, is boosting its European presence by opening an office in Copenhagen for its product tanker carrier BW Pacific.

BW Pacific etablerer kontor i København

Singapore-baserede BW Group, en af verdens største shippinggrupper, etablerer nu et større kontor i København for sit produkttankrederi BW Pacific, hvor danske Tina Revsbech inden længe starter som CEO.

BW LPG: The challenge is a big fleet

BW LPG is growing with the acquisition of shares in Dorian LPG to become an even bigger VLGC player. One big challenge is the optimization of the entire fleet, says CEO Nicholas Gleeson to ShippingWatch.

BW LPG: Stor flåde er udfordringen

BW LPG vokser med opkøbet af aktier i Dorian LPG til en endnu større VLGC-spiller. Udfordringen er optimal udnyttelse af flåden, fortæller CEO Nicholas Gleeson til ShippingWatch.

1 - 25 af 34 Next page

Latest news

Jobs

See all

See all