Asia

Chemical tankers stream into BW

Singapore: BW has signed a purchase agreement to acquire ten chemical tankers comprising two ships built in 2008 and 2010 and eight newbuildings to be delivered between 2015 and 2018 from Stream Tankers. 
 
The two chemical tankers are from Japanese shipyards Fukuoka Shipbuilding and Shitanoe Shipbuilding.
 
Andreas Sohmen-Pao, ceo of BW Group, said: “Stream Tankers has a fleet of quality vessels and newbuildings and BW is pleased to be acquiring this fleet. With this purchase, we will be able to strengthen our service offering in the chemical tanker segment.”
 
BW intends to manage the ships commercially through the WOMAR pool system. [21/05/14]

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