The BW Group is one of the world’s leading maritime groups in the tanker, gas and offshore segments, operating a fleet of more than 150 owned, part-owned or controlled vessels. The group has seven business areas: crude tankers, product tankers, chemical tankers, LNG (liquefied natural gas) carriers, LPG (liquefied petroleum gas) carriers, offshore floating production vessels (FPSO) and offshore technology (mooring systems for FPSOs and offshore LNG terminals).

The Group’s tanker assets are managed by Singapore-based BW Shipping, which is supported by a global network of affiliate offices. BW Gas is the gas transportation business, which owns or part-owns and operates a fleet of 91 vessels (including newbuildings). BW Offshore is the offshore oil and gas production business, which operates seven FPSOs & FSOs (and four hulls). Both BW Gas and BW Offshore are operated in Norway and listed on the Oslo Stock Exchange. APL, which produces offshore mooring systems, was acquired by BW Offshore in 2007 and operates as an independent subsidiary in Arendal, Norway. BW Bulk is engaged in the transportation of coal and iron ore, and these vessels are managed but not owned by companies in the BW Group.

The BW Group was formed following the acquisition in 2003 of Bergesen, Norway’s largest shipping company, by World-Wide Shipping, a privately-owned tanker and bulk shipping company founded in Hong Kong in 1955 by the late Sir YK Pao. Through its predecessor companies Bergesen and World-Wide Shipping, the BW Group has been delivering energy and other vital commodities for over 70 years.

The Group employs more than 4,000 people including seastaff, with 120 in the Singapore office, 160 in the BW Gas shore office in Oslo, 85 in the BW Offshore shore office in Oslo, and 207 in the APL office in Arendal.