Eddie Steamship buys BW’s LNG carrier

Taiwan-based Eddie Steamship has recently purchased a 2003-built liquefied natural gas (LNG) carrier from a unit of Singapore-based gas shipping giant BW, according to brokers.

The vessel in question is the 138,000-cbm BW Everett, previously known as BW GDF Suez Everett.

According to reports by Intermodal and other brokers, Eddie Steamship purchased the steam LNG carrier for $45 million.

Intermodal says the delivery of the vessel would take place in June.

Its AIS data provided by VesselValue shows that the vessel is expected to arrive at Thailand’s Map Ta Phut LNG terminal on May 21. It previously loaded a cargo at the Oman LNG plant in Qalhat.

VesselsValue’s data says that, BW Pavilion LNG, a joint venture of BW LNG and Temasek’s Pavilion sold the LNG carrier to Eddie Steamship.

BW LNG owns 51 percent in the joint venture which was formed in 2014 and the joint venture’s fleet includes two Singapore-flagged LNG carriers, BW Pavilion Vanda and BW Pavilion Leeara.

Pavilion also chartered BW Pavilion Aranthera and BW Pavilion Aranda from BW LNG.

BW’s website shows that the firm has eleven steam LNG carriers in its fleet and BW Everett is the oldest along the 138,000-cbm BW Boston.

On the other hand, Eddie Steamship operates bulkers and has no LNG carriers in its fleet.

In 2020, Eddie Steamship became a joint venture partner with China’s Shandong Shipping Group in the establishment of Shandong Shipping Asset Management of Hong Kong, its website shows.

Most Popular

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

NextDecade, Jera seal 20-year LNG SPA

Japan's Jera has signed a 20-year deal to buy liquefied natural gas from the planned fifth train at NextDecade's Rio Grande LNG facility in Texas.

Energy Transfer, Kyushu Electric ink long-term Lake Charles LNG deal

Energy Transfer, the developer of the proposed Lake Charles LNG export facility in Louisiana, has signed a long-term supply deal with Japan's Kyushu Electric Power.

More News Like This

Singapore LNG bunkering volumes rise in April

Singapore’s monthly LNG bunkering sales rose 18.1 percent in April compared to the same month last year, according to Singapore’s Maritime and Port Authority.

Singapore LNG bunkering volumes slightly up in March

Singapore’s monthly LNG bunkering sales rose slightly in March compared to the same month last year, according to Singapore’s Maritime and Port Authority.

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

Singapore LNG bunkering volumes rise in February

Singapore’s monthly LNG bunkering sales rose in February compared to the same month last year, according to Singapore’s Maritime and Port Authority.