Pavilion Energy to double LNG fleet with BW charters

Singapore

TEMASEK-OWNED Pavilion Energy has agreed to hire two newbuild liquefied natural gas carriers (LNGCs) from energy shipping giant BW group as it seeks to bolster its capacity on surges in demand seen in long-haul trades for the super-chilled fossil fuel.

This pair of LNGCs, to be built with engines boasting lower carbon footprints, are scheduled for delivery between 2019 and 2020 from South Korea's Daewoo Shipbuilding & Marine Engineering.