The shipping industry should be confident about near term prospect on the back of a positive macro environment, but the medium to long term future may present some concerns, according to Andreas Sohmen-Pao, chairman of BW Group and chairman of the...
BW Group ceo Carsten Mortensen has resigned from the Singapore-headquartered shipowner with immediate effect.
Hafnia Tankers is merger talks with BW Tankers, following BW Group increasing its stake in the Danish owner to 43.5% last month.
BW Group has made another consolidation move in the tanker sector, this time in the product tanker space, acquiring a 36.3%...
DHT Holdings has announced on Wednesday that the High Court of the Marshall Islands has denied Frontline’s attempt to block a vessel acquisition deal between DHT and BW Group.
DHT Holdings board of directors has roundly rejected Frontline’s latest takeover offer saying it is time for both companies “to turn our attentions to more productive endeavors”.
ABB will supply the power and electric propulsion system to a new floating storage and regasification unit for BW Group.