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  • 2020 February 11 11:10

    BW LPG declares option for additional four LPG dual-fuel engines, bringing our investment to eight

    BW LPG announced has exercised an option for the delivery of four additional LPG dual-fuel engines. With this, BW LPG has committed to retrofit eight vessels with pioneering propulsion technology, the company said in its release.

    This announcement follows a press release dated 30 August 2018, where BW LPG announced a world’s first initiative to retrofit four LPG dual-fuel engines in its fleet. BW LPG, together with Class (DNV GL), Wärtsilä Gas Solutions and MAN ES, has since subjected the prototype to rigorous tests successfully, with performance exceeding expectations. When retrofitting is complete, BW LPG will reap benefits across many fronts such as fuel cost and voyage efficiencies. Most importantly, this represents a significant step forward in our efforts at reducing air emissions.

    The retrofitting of the first four LPG dual-fuel engines into four Very Large Gas Carriers (VLGCs) is taking place as planned this year.

    Says Anders Onarheim, BW LPG CEO, “As the world’s largest owner and operator of VLGCs, BW LPG leverages on our scale and deep expertise in maritime shipping to invest in R&D and implement pioneering technology onboard that will push our industry towards decarbonization - technology that can be implemented on at least 50 percent of current global VLGC fleet without the need for dedicated newbuilding orders. This is our commitment to sustainable development, which we pursue while keeping our focus on safe and reliable operations, so that we can continue to provide industry-leading customer service and generate better returns for our shareholders.”

    About BW LPG

    BW LPG is the world's leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) and Large Gas Carriers (LGC) with a total carrying capacity of over 4 million cbm. With four decades of operating experience in LPG shipping and experienced seafarers and staff, BW LPG offers a flexible and reliable service to customers.

    BW LPG is associated with BW Group, one of the world's leading shipping groups. BW's controlled fleet of over 360 ships includes product tankers, LNG and LPG carriers, floating storage and regasification (FSRU) units, dry cargo carriers and floating production storage and offloading (FPSO) units.


2022 December 9

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17:44 Throughput of Russian seaports in 11M’2022 climbed by 0.6% YoY to 768.2 million tonnes
17:26 Port of Vancouver tests biofuel bunkers - Ship & Bunker
17:06 DSME unionists vote for wage and collective bargaining agreement - BusinessKorea
16:48 Onezhsky Shipyard launches crab catching ship Kapitan Yegorov
16:31 Fincantieri delivers the third of four ships which Virgin Voyages
16:09 Twenty oil tankers halted near Istanbul in insurance dispute - Reuters
15:45 China eases anti-covid measures for seafarers and port workers - Seatrade Maritime News
15:24 More LNG carrier orders anticipated next year - BusinessKorea
15:24 Shipyards of Russia’s North-West region note continued demand for construction of civil ships — Bank of Russia
15:02 IG P&I Clubs warns of the risks of using multiple ship to ship transfers to mix the origin of the cargo under “the price cap”
14:42 TotalEnergies withdraws the representatives of the company from the board of PAO Novatek
14:41 Russian Prosecutor General's Office files new lawsuit regarding FESCO shares — media
14:35 MAN Energy Solutions enters innovation partnership with Anglo-Eastern
14:13 Solstad awarded five-year contracts for two PSVs
13:02 Spot rates out of Far East almost 2000 USD cheaper per FEU than long-term rates - Xeneta
12:45 FuelEU Maritime can do more to accelerate early action for shipping decarbonisation - World Shipping Council
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12:19 MacGregor receives two large orders for heavy-duty cranes and electric transloading cranes
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10:58 DP World and Puntland Government sign construction agreement to upgrade Port of Bosaso
10:21 Transocean announces $1.04 bln in contract awards for two ultra-deepwater drillships
10:06 Programme for construction of ships under Baimsky GOK project to be approved in mid-2023
10:01 Maersk Tankers’ Intermediate pool attracts new partner
09:45 Prosafe signs contract with Petrobras for the provision of the Safe Zephyrus semi-submersible vessel
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2022 December 8

18:37 Port of Melbourne reaches next stage in remediation of Swanson Dock West
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17:44 Hyundai Heavy Industries to develop ammonia FSRU - BusinessKorea
17:39 Academy of Industry Markets welcomes to LNG Market online course
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17:22 Stockholm Norvik Port starts new train service
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16:47 Terminal operators upgrade rail-shortsea connection at Rotterdam
16:27 Plan for NSR development until 2035 foresees creation of container shipping fleet numbering 9 containerships of Russian transit operator
16:05 OOCL presents 2023 OCEAN Alliance products
15:28 Oil tankers with P&I club insurance piled up at The Bosphorus Strait
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14:46 Total dividends paid by CPC-R this year to exceed RUB 66 billion
14:23 TAQA, ADNOC, and Mubadala complete transaction for stake in Masdar Clean Energy Powerhouse
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13:43 Tallink takes delivery of ferry MyStar
13:28 SCZONE signs 7 MoUs for green fuel production
13:02 Shekou Container Terminals implements Portchain Connect
12:43 Equinor wins commercial-scale offshore wind lease in California
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09:42 ADNOC creates Low Carbon Solutions & International Growth vertical
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09:22 AD Ports signs collaboration agreement with Africa Finance Corporation
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2022 December 7

18:27 SBTi launches world-first roadmap for net-zero shipping by 2040
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