(Singapore, 24 September 2018)
BW today announced that Group CEO Carsten Mortensen has resigned for personal reasons, effective immediately.
During his three years at BW, Carsten has made significant contributions to BW. Says Andreas Sohmen-Pao, BW Group Chairman, “Carsten and I have had a great partnership working closely together to grow the company, but the non-stop travel and living on two continents eventually reached a natural limit for him. We are very grateful to Carsten for his contributions and wish him all the best for the future.”
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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 controlled fleet of over 300 ships including affiliates and subsidiaries. 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 70 large gas vessels, including three FSRUs (floating storage and regasification units). BW Offshore operates the world’s second largest floating oil and gas production fleet (FPSOs), with 15 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.