BW LPG | At a Glance - Our History

In 1955, Sir Yue-Kong (Y.K) Pao bought his first vessel, a 27-year-old coal-burning freighter renamed the Golden Alpha, and founded World-Wide Shipping. In 2003, World-Wide Shipping acquired Bergesen, Norway’s largest shipping company founded in 1935, and in 2005, the business was re-branded as BW. The LPG segment of the BW business was listed in 2013. Today, BW LPG owns and operates the world’s largest fleet of LPG vessels and continues to deliver growth and value to society and stakeholders.

1955
Founded by
Sir Y.K. Pao
1969
Launched of
the first VLCC
World Chief
1970s
Entry into
LNG market
1979
Became the largest
independent ship
owner with 200 vessels
1999
Acquired N&T
Argonaut
2003
Acquired and
de-listed Bergsen

1935
Founded by Sigval
Bergesen
1967
Entry into the dry
bulk market
1978
Entry into LPG
market
1986
Listed on the
Oslo
Stock Exhange

2006
Listing of BW Offshore

BW Gas listed
as a pure gas
carrier company

Acquired Yara's gas fleet
2008
Leading owner in the LPG,
LNG, VLGC, Product Tanker and Offshore
segments
2012
Sold APL and acquired Prosafe Production
2014
Took delivery of one newbuilding from HHI
2016
Acquired Aurora
LPG

Took delivery of four newbuildings from HHI & DSME
2018
Announces world’s first retrofitting of LPG-propelled dual-fuel engines

2005
A common identity with Bergesen Worldwide Gas ASA
2007
Acquired APL
2009
BW Gas privatised
2013
Listing of BW LPG

Acquired Maersk Tankers’ VLGC fleet
2015
Took delivery of five newbuildings from HHI
2017
Entry into India LPG market

Took delivery of one newbuilding from DSME

At a Glance

Our History

More than 80 years in maritime energy

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