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

Sohmen-Pao: One has to be very brave to order a new ship now

BW Group and the Sohmen-Pao family have positioned themselves as a major consolidating force in shipping over the last couple of years. In an interview with ShippingWatch, Chairman Andreas Sohmen-Pao explains what the drivers behind the expansion process are.

BW will spin off and list energy company

BW Group is looking to list its energy company BW Energy, which covers ownership stakes in several oil fields, on the Oslo Stock Exchange. BW Offshore's management will move to BW Energy in July.

Hafnia and Mikael Skov open to more acquisitions

The merger of BW Tankers and Hafnia Tankers into the new Hafnia could be followed up with new acquisitions, says CEO Mikael Skov in an interview with ShippingWatch. He points to one segment as particularly interesting.

Ackermann had his sights set on Epic Gas before BW Group's acquisition

BW LPG, headed by CEO Martin Ackermann, was considering picking up Epic Gas for itself. But it wound up being owner BW Group and Chairman Andreas Sohmen-Pao who after a few weeks of negotiations settled a deal. ShippingWatch has spoken to BW LPG and Epic Gas about the perspectives.

BW Group buys majority of Epic Gas

BW Group will acquire at least 51 percent of the shares in Epic Gas, which controls a fleet of 39 LPG ships. As such, BW buys up in the sector following last year's failed attempt to take over Dorian LPG.

Sidste uges bedste på ShippingWatch

Med flere store opkøb stjal tankmarkedet overskrifterne i sidste uge. Nordic Tankers får således ny ejer, mens både Evergas og BW Group har solgt skibe fra. Samtidig var der nyt om DFDS' bestræbelser forud for brexit og shippings omfattende brug af konkurrenceklausuler.

300 carriers own between one and five chemical tankers

The chemical tanker market is extremely fragmented, according to new figures following this week's deal between Nordic Tankers and BW Group. Several market players have stressed the need for consolidation for a long time.

Hafnia and BW Tankers merger in place within one month

One of the world's largest product tanker carriers will soon see the light of day. According to several sources speaking to ShippingWatch, the merger between Hafnia and BW Tankers is expected to be secured within the next few weeks.

Hafnia Tankers' new board of directors has been settled

BW Group has now officially entered the Hafnia Tankers board of directors after its acquisition of the Danish product tanker shipping company. Hafnia Tankers' CFO has also stepped down, while the work toward a merger with BW Tankers continues.

"This was probably my last turn as CEO"

In addition to BW Group CEO Carsten Mortensen stepping down, the 52 year old shipping man is also bidding farewell to chief executive positions after 14 years. ShippingWatch has interviewed him about his plans and experiences after heading the Singapore-based group for three hectic years.

BW's purchase of Hafnia shares could lead to two scenarios

BW Group's large acquisition of shares in Hafnia Tankers could lead to two paths, sources tell ShippingWatch. Very positive for Hafnia Tankers that BW Group becomes new majority shareholder in company, CEO Mikael Skov tells ShippingWatch.

Shipping top execs: We don't have answers for the CO2 targets right now

Maersk Group CEO, Søren Skou, acknowledges to ShippingWatch that Maersk's plan of action to meet the new CO2 targets by 2050 is far from complete. BW Group's chairman Andreas Sohmen-Pao (photo) describes the targets as "an opportunity and a risk" that everyone needs to take into account.

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.

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