Announcing record interims today, Øystein Kalleklev, the CEO of Avance Gas, gave investors an idea of what he and his team might do with the remainder of the fleet, now shorn of 12 VLGCs following one of this month’s biggest shipping transactions. John Fredriksen-controlled Avance Gas agreed to...
https://splash247.com/kalleklev-details-alternative-future-paths-for-avance-gas/
Good profit taking on one side and the chance to build market share on the other. Overall, analyst coverage of yesterday’s mega gas shipping deal between John Fredriksen-backed Avance Gas and Andreas Sohmen-Pao-controlled BW LPG has been positive. The dual-listed unit of Singapore’s BW Group will...
https://splash247.com/industry-reacts-to-sohmen-paos-avance-gas-deal/
Hafnia and Símbolo have added four more shipping partners to their foundational AI joint venture called Complexio. Shipping companies Marfin Management, C Transport Maritime, Trans Sea Transport and BW Epic Kosan have all begun the process of ingesting and mapping their data with Complexio....
https://splash247.com/big-names-in-shipping-sign-up-for-ai-joint-venture/
Hafina, the world’s largest product tanker owner, has publicly filed a registration statement for a New York listing to go alongside its existing position on the Oslo Bors, a move other owners have pursued recently. Mikael Skov, the CEO of the BW Group subsidiary, said last year: “Our goal is for...
https://splash247.com/hafnia-presses-ahead-with-new-york-listing-plans/
It has been a frenzied few weeks in the wind and subsea markets, with newbuild orders piling up. The last month has seen over one billion US dollars committed to vessels ..
“When you come to a fork in the road, take it,” American baseball star Yogi Berra once said. Maersk Drilling now admits that it stands at a crossroads, as per the tit ..
With the accelerating pace of change, businesses have a lot of things to consider. Few have been so proactive to ensure they’re in charge of their own destiny as BW Group by investing across the energy value chain, reports splash247.
The Business of ShipowningOn taking the reins from his father, Oxford- and Harvard-educated Andreas Sohmen-Pao has set about reengineering the business of shipowning. Arguably only Soren Skou at Maersk has appreciated more the importance of going vertical in...
https://mfame.guru/technology-opens-up-a-wide-range-of-possibilities/
Foundation Det Norske Veritas contributes S$10 million to help launch maritime decarbonization centre in Singapore
Signing of public-private cooperation agreement establishes S$120 million R&D fund to accelerate decarbonization in shipping
Oslo, 21 April, 2021: Foundation Det Norske Veritas – which owns DNV Group – has teamed up with the Maritime and Port Authority of Singapore (MPA) and five...
Singapore-based gas shipping giant BW Group and technology company Miros are launching Miros Mocean, a joint […] The post BW Group, Miros form vessel performance optimization JV appeared first…
https://www.offshore-energy.biz/bw-group-miros-form-vessel-performance-optimization-jv/
BW Group Limited has bought a 39.1% equity interest in Navigator Holdings, owner and operator […] The post BW Group acquires 39.1 % interest in Navigator Holdings appeared first on Offshore…
https://www.offshore-energy.biz/bw-group-acquires-39-1-interest-in-navigator-holdings/