BW Maritime inks contract with Samsung Heavy Industries for BW’s first Liquefied Natural Gas Floating Storage Regasification Unit (LNG-FSRU).Expected to be delivered in 2015, it will be the latest addition to BW's fleet of 16 LNG carriers…
Moody's Investors Service says that operating results of BW Group (Ba2 negative) in 1H 2012 were better than expected, largely because of the higher charter rates achieved by the company for its vessels.'We had expected BW Group's performance to weaken…
Petrobras's floating production, storage and offloading platform, FPSO BW Pioneer begins production from record depth.FPSO BW Pioneer, moored some 250 kilometers off the coast of the State of Louisiana in the U.S. Gulf of Mexico, is the first FPSO to produce oil and gas in the Gulf…
OceanSaver’s ballast water treatment (BWT) system has been chosen for two 162,000cbm LNG carriers being built by BW Gas.OceanSaver was selected due to its competitive pricing, low operating costs, and compatible technical system.BW Gas is…
West African pirates off Lome, Togo, release tankship 'BW Rhine' after a week of pillaging oil product cargoPirates have freed a gasoline tanker they hijacked, after stealing some of the cargo, the shipowner reports, in a fresh example of…
EXMAR NV today gave its trading update for the 3Q 2011, numbers which show broad improvement in shipping rates and prospects. The operating result (EBIT) of the LPG fleet in the third quarter was $2.3 million (compared to $1.8 million for the third quarter of 2010)…
Hyundai Heavy Industries reported winnning a $400m deal to build two LNG carriers for BW Maritime Pte Ltd, part of Singapore's BW Group, according to a report on Reuters. HHIs is scheduled to deliver one of the two vessels in the second half of 2014 and the other in the first half of 2015…
Paul Østergaard, founder and CEO of ShipServ, a marine and offshore e-marketplace, is among the keynote speakers who will address the first SmartShipping conference this October 17-18 in Singapore. SmartShipping 2011 is a strategic conference…
The abundance of deepwater O&G prospects, combined with the lack of oil transportation infrastructure in Brazil, has increasingly favored FPSOs as a production solution. Petrobras presently has more than 25 FPSOs in operation and this number is expected to double during the next decade…
Even for Hyundai Heavy Industries (HHI), the world’s largest shipyard group, it was a remarkable occasion. In a quadruple naming ceremony at HHI’s Ulsan shipyard on July 2, Rickmers Group christened four ultra-large container ships (ULCS) of 13…
Uni-Safe Electronics’ new Bridge Navigational Watch Alarm System BW-800 complies with IMO MSC 128(75) and the new IEC 62616 performance standard from February 2010. The company said it expected to be the first company in the world to present…
Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited (Keppel Shipyard) and Keppel Verolme BV (Keppel Verolme), has secured two contracts worth a total of about $165m. The first project, secured by Keppel Shipyard from repeat customer Petrobras Netherlands B…
On the early morning of 10 November 2009 some 1000 nautical miles east from Mogadishu, Somalia, pirates attacked MV Nele Maersk, a Danish flagged Container ship. The attack took place not far from the area crude oil tanker BW Lion was attacked…
Around noon local time, 9 November 2009 the BW Lion, a Hong Kong flagged, 160,000 tons and 1,083-ft Crude Oil Tanker was attacked by pirates in two fast attack skiffs in the Indian Ocean, 400 nautical miles North East of the Seychelles and 1000 nautical miles East of Mogadishu…
Keppel Shipyard Limited (Keppel Shipyard) is on track to deliver the first floating production storage and offloading (FPSO) vessel for the US Gulf of Mexico (GoM) to BW Pioneer Ltd, an affiliate of BW Offshore. Named on Oct. 26 at Keppel Shipyard…
