EuropeOffshoreTankers

BW Offshore offloads Opal VLCC

Photo of Sam Chambers Sam ChambersMarch 11, 2015
36 Less than a minute

Singapore: BW Offshore has sold the VLCC BW Opal for $85.5m to BW Group.

The agreement also includes an option for BW Offshore to buy back the vessel until the first quarter of 2017.

BW Opal is a DSME designed and built VLCC (320,000 dwt) from 2012, the Korean yard being BW’s regular destination for tanker construction.

BW Group owns 49.75% in BW Offshore, which is the world’s second largest floating production storage and offloading (FPSO) operator with a fleet of 14 FPSOs and 1 FSO.

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Photo of Sam Chambers Sam ChambersMarch 11, 2015
36 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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