Independent journal on economy and transport policy
12:35 GMT+1
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BW Group will buy the participation of the Heidmar in the Womar pool
joint venture work a fleet of 40 ships until 30.000 gross capacities in tons
February 26, 2014
BW Group, shipowning society of Singapore that has a fleet constituted from 108 ships for the transport of oil, producing oil and natural gas and to service of the offshore industry, has tightened an agreement in order to buy the participation of the shipowning company American Heidmar Inc. in the Womar pool, joint venture that the American company has constituted in 2009 with the W3O Shipping Group of Singapore and that work a fleet of 40 ships until 30.000 gross capacities in tons for the transport of producing oil and chemical through the pools Ganges Tanker, Yamuna Tanker, Marida Tanker and Han Gang Tanker
According to the forecasts, the transaction will be completed within the end of the next month.
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