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    BW LNG expands fleet with acquisition of two LNG carriers

Summary

This acquisition enhances BW LNG's owned fleet to 34 vessels. [Image: BW LNG]

by: Shardul Sharma

Posted in:

Natural Gas & LNG News, Europe, Liquefied Natural Gas (LNG), News By Country, Norway

BW LNG expands fleet with acquisition of two LNG carriers

BW LNG, headquartered in Oslo, on March 26 announced the acquisition of two tri-fuel diesel electric (TFDE) propulsion LNG carriers from Swedish tanker shipping company Stena Bulk.

According to the company, the newly acquired sister LNG carriers boast versatility and capability for trading, along with the potential for conversion into floating storage and regasification units (FSRUs) in the future. This acquisition enhances BW LNG's owned fleet to 34 vessels, which includes four FSRUs and four newbuildings currently under construction.

Built in 2011 at Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) in South Korea, the now Singapore-flagged BW ENN Crystal Sky (formerly Stena Crystal Sky) and BW Clear Sky (formerly Stena Clear Sky) have a carrying capacity of 174,000 m3

BW Clear Sky and BW ENN Crystal Sky will be delivered straight into their ongoing charters.