BW Pavilion LNG Pte. Ltd., a joint venture (JV) between BW Group and Pavilion Energy, held a shipnaming ceremony today at Hyundai Heavy Industries Shipyard for two Singapore-flagged LNG newbuildings, the BW Pavilion Vanda and BW Pavilion Leeara.
In attendance was Singapore Minister for Transport, Mr Lui Tuck Yew and his wife Madam Teng Soo Fen, and Chairman of Pavilion Energy, Tan Sri Mohd Hassan Marican and his wife Puan Sri Noraini Mohamed Yusoff. Madam Teng and Puan Sri are the sponsors* of BW Pavilion Vanda and BW Pavilion Leeara respectively.
Mr Andreas Sohmen-Pao, BW Group Chairman, said: “A shipnaming ceremony celebrates an important milestone in the life of a vessel, and I am pleased to share the occasion with our JV partner Pavilion Energy. BW Pavilion Vanda and BW Pavilion Leeara represent the JV’s commitment to provide customers with high quality LNG shipping as well as tailored gas infrastructure solutions. BW looks forward to continued growth of the JV in an exciting maritime segment.”
Mr Seah Moon Ming, Pavilion Energy Group Chief Executive Officer, said, “We are delighted to celebrate this occasion with BW Group. With growing Asian LNG demand, the delivery of the new LNG vessels is a significant milestone in Pavilion Energy’s capability build-up, as part of our plans to be an integrated LNG company.”
The Singapore-flagged LNG newbuildings will add to the JV’s fleet currently on water. Classed by DNV-GL, the newbuildings feature industry-leading ecologically-friendly specifications such as low boil-off rates (BOR), hybrid low-duty (LD) compressors (which reduce the amount of fuel needed to cool the vessel’s liquefied natural gas cargo), and a ballast water treatment system that is fully compliant with the International Maritime Organisation’s Ballast Water performance standards. Both vessels are designed to comply with new Panama Canal requirements and are certified for possible future transit through the canal.
About BW Group
BW Group is a leading global maritime group involved in shipping, floating gas infrastructure and deepwater oil & gas production, and has been delivering energy and other vital commodities for more than 80 years, with a current fleet of over 180 ships. The group was founded by Sir YK Pao in Hong Kong in 1955 as World-Wide Shipping. In 2003, the group acquired Bergesen, Norway’s largest shipping company founded in 1935, and in 2005, the business was re-branded as BW. Today, BW Group operates the world’s largest gas shipping fleet (LNG and LPG combined), with a total of over 70 large gas vessels including FSRUs (floating storage and regasification units). BW Offshore operates the world’s second largest floating oil and gas production fleet (FPSOs), with 16 units in US, Brazil, Mexico, West Africa, North Sea, and Australasia. BW’s fleet also includes crude oil supertankers, refined oil tankers, chemical tankers and dry bulk carriers.
About Pavilion Energy
Pavilion Energy invests in key liquefied natural gas (LNG) businesses to support the growth of a sustainable future in the region. Pavilion Gas, a wholly-owned subsidiary of Pavilion Energy, is responsible for the marketing and distributing of natural gas in Singapore and the region, including small-scale LNG and LNG bunkering initiatives; and participates in LNG trading across the globe. In 2016, Pavilion Gas was appointed by the Singapore Energy Market Authority (EMA) as an LNG Importer for Singapore. For more information, visit www.pavilionenergy.com.sg
For further information, please contact
Lisa Lim
Senior Manager
BW Group, Communications and Branding
+65 6434 5871
+65 9654 9405
BW Group, Communications and Branding
+65 6434 5871
+65 9654 9405
Genevieve Teo
Corporate Affairs Manager,
Pavilion Energy
(65) 9222 2705
Pavilion Energy
(65) 9222 2705
About BW Group
BW Group is a leading global maritime group involved in shipping, floating gas infrastructure and deepwater oil & gas production, and has been delivering energy and other vital commodities for more than 80 years, with a current fleet of over 180 ships. The group was founded by Sir YK Pao in Hong Kong in 1955 as World-Wide Shipping. In 2003, the group acquired Bergesen, Norway’s largest shipping company founded in 1935, and in 2005, the business was re-branded as BW. Today, BW Group operates the world’s largest gas shipping fleet (LNG and LPG combined), with a total of over 70 large gas vessels including FSRUs (floating storage and regasification units). BW Offshore operates the world’s second largest floating oil and gas production fleet (FPSOs), with 16 units in US, Brazil, Mexico, West Africa, North Sea, and Australasia. BW’s fleet also includes crude oil supertankers, refined oil tankers, chemical tankers and dry bulk carriers.
*A ship sponsor has traditionally been a female patron who is invited to christen the ship, and presumably to bestow protection and luck over the vessel and all those that sail aboard. The alternate term commonly used in place of “sponsor” is “godmother”.
Press Release l BW Pavilion LNG names newbuildings 3 December 2014