BW Names Two Tankers

BW Names Two Tankers

BW Group organised a ship naming ceremony for the first two of ten medium range (MR) product tankers built by the SPP Shipyard in Korea.

BW Egret and BW Falcon will join eight other MRs currently on water, and will trade in the spot market.

On April 30, 2014, BW Group entered into an agreement to acquire the 10 newbuildings from Metrostar Management for a reported price of USD 38 million per vessel.

Greek owner Metrostar sold the medium-range (MR) product-tanker newbuildings to BW Group after Diamond S Shipping backed out of the deal on the account of a failed initial public offering (IPO).

World Maritime News Staff

 

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >