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BW Gas is a leading global provider of gas marine transportation services. The company is the largest owner and operator of LPG (liquefied petroleum gas) carriers and one of the largest independent owners and operators of LNG (liquefied natural gas) carriers.

BW Gas owns, part-owns and/or operates a fleet of nearly 80 vessels (including newbuildings).

The main shipping contracts for LPG/ammonia vessels are short- to medium-term time charters, Contracts of Afreightment (COAs) and spot voyage charters. Under a COA, a cargo-owner outsources his shipping requirement to a ship operator, who provides capacity to transport a certain volume of cargo within in a certain period of time. CoAs provide customers with more flexibility, enabling them to optimise and increase their product trading, while BW Gas increases its fleet efficiency and tightens its customer relations.

Since 2000 BW Gas become a leading player within the LNG segment of gas transportation. All the LNG vessels that BW Gas owns or partly owns operate under long-term time charters of about 20 years. Under these time charters, the company hires the vessel to the customer at an agreed rate for an agreed period and remains responsible for the technical management of the vessel.

LPG and LNG carriers are sophisticated vessels that demand competent crew and high-quality operations. BW Gas policy dictates a high and stable standard of maintenance regardless of short-term changes in the freight market, which means that the company can offer a more reliable service to customers. BW Gas has fewer unexpected ship repairs and less off-hire than competitors, thereby maximising the value of each vessel.

The company employs around 1,600 people globally, with around 130 employed at the company's head office in Oslo, Norway. The combination of a strong financial position, vast experience and in-depth maritime expertise makes BW Gas an attractive business partner for both new and existing customers. The holding company BW Gas Limited is listed on the Oslo Stock Exchange. 



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