It has launched BW Pavilion LNG with Pavilion Energy, which is a unit of Singapore’s sovereign wealth fund Temasek Holdings.
The Andreas Sohmen-Pao-led shipowner said the joint venture would “acquire, manage and charter” maritime LNG assets, including LNG carriers.
BW Group said the joint venture assets will initially be established with one existing and two new LNG carriers.
The fleet will include the 138,000-cbm BW GDF Suez Everett (built 2003) and BW's two 162,000-cbm newbuildings at Hyundai Heavy Industries which are due for delivery in 2015.
Pavilion
