JUser: :_load: Unable to load user with ID: 55

BW Offshore has reported an increase in profit from $17.7m to $40.4m in the third quarter as utilisation and rates remained high.

FPSO outfit BW Offshore has signed a 10-year, $800m secured bank loan for its Catcher FPSO project.

BW Offshore has revealed itself as the buyer of a 2012-built VLCC ordered by Today Makes Tomorrow (TMT) at Daewoo Shipbuilding and Marine Engineering (DSME).

Page 2 of 2