BW and Lauritzen create new gas major: BW Epic Kosan

Epic Gas and Lauritzen Kosan join forces in a new company named BW Epic Kosan. The company, which will have the BW Group as its majority owner, will operate a total fleet of 77 vessels.

Photo: Global Maritime Forum

Lauritzen Kosan and Epic Gas join forces to create a new major in the market for LPG, named BW Epic Kosan.

The new company will operate a combined fleet of 77 vessels, of which 53 are owned tonnage. BW Group, which already owns part of Epic Gas, will also be the biggest stakeholder in the joint company, taking a share of 58 percent. The shipping company will be headquartered in Singapore, where BW Group resides.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

"Mixed lobbying" hinders Maersk from elite status on climate efforts

Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.

Danske Bank makes commitment to CO2 neutral loan portfolio by 2050

By 2050 at the latest, Danske Bank's loan portfolio must be fully CO2 neutral. The bank, which provides loans to shipping as well as the oil and gas sector and also supports the Poseidon Principles, isn't ready yet to set out short-term intermediate targets on the road towards CO2 neutrality.

Further reading

Related articles

Trial banner

Latest news

See all jobs