BW Group Tied to Order of Up to Eight LR 2 Product Tankers

Business & Finance

BW Group has through its subsidiary BW Pacific placed an order for up to eight Long Range 2 (LR 2) product tankers.

The order, comprising six firm and two optional ships has been placed at South Korean Daehan Shipbuilding, according to BW Pacific’s CEO Tina Revsbech that confirmed the order to ShippingWatch.

World Maritime News is yet to receive a reply from the company seeking comment on the order.

The order marks the company’s shift to the LR2 sector, as BW Group has only been active in  LR1 and medium range (MR) product tankers.

The company’s fleet includes 12 LR1 and 22 MR product tankers, with two LR1 newbuilds scheduled for delivery in 2017.

World Maritime News Staff