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

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.

Himalaya’s LNG-fueled bulkers earned $34,500 per day in June

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $34,500 per day in June.

More News Like This

Singapore LNG bunkering volumes down in May

Singapore’s monthly LNG bunkering sales decreased 7.7 percent in May compared to the same month last year, but were higher compared to the month before, according to Singapore’s Maritime and Port Authority.

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.