BW's controlled fleet of over 450 ships also includes crude oil supertankers and dry bulk carriers.

In the late 1970s, two British Hongs were taken over by Chinese entrepreneurs: Hutchison Whampoa Ltd by Li Ka-Shing, and Kowloon Wharf by Sir Yue-Kong Pao.

[1] When the shipping downturn started in 1978, World-Wide sold tonnage while prices were still reasonable, paying off debt and building cash resources.

In less than five years the fleet had halved in size, allowing World-Wide to avoid the crises suffered by many shipping companies.

World-Wide was ranked as the sixth largest shipping fleet (number of vessels) in the world in 2004 and has been chaired by Helmut Sohmen, Pao's eldest daughter's husband, since 1986.

The company's first very large crude carrier (VLCC) was constructed by Kawasaki Heavy Industries and named World Chief in 1969.

The timely sales ensured that World-Wide Shipping was in a much better state than its competitors after the crisis as it was in a better position to cope with the increasing popularity of voyage charters and low freight costs.

[8] As shipyards were in a dismal state after the crisis and eager for new orders at low prices, World-Wide Shipping purchased six tankers from Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering before the market recovered and in time to enjoy the higher freight rates during the First Gulf War.

[11] Although Sohmen had conveyed his friendly intentions, Iino's management sought to maintain the status quo and did not want World-Wide to hold more shares than the largest shareholder.

[13] Both groups achieved a high degree of cooperation and continuity and a new holding company, Bergesen Worldwide Ltd, was soon incorporated in Bermuda in 2004 to reflect this acquisition.

's grandfather, joined the fleet in 1937 and Anders Jahre, named after the famed Norwegian shipping tycoon, was acquired in 1939.

During the war, the company's fleet of Président de Vogüé, Charles Racine, and Anders Jahre was considered modern for its time and also fully in operation.

After learning that Norges Bank intended to sell its Rosenberg Mekaniske Verksted shares, Sigval Bergesen d.y.

Rosenberg delivered Berge Bergesen, a 16000 DWT vessel, in 1951 and then Crown Princess Märtha of Norway was the ship's sponsor.

A larger dry dock that could fit vessels of 85000 DWT and below was built to meet the company's demand for greater tonnage.

Nonetheless, after nearly 27 years, 43 vessels and much investment in the shipyard's facilities, it became apparent that Rosenberg could no longer fulfil the company's needs and was sold off on 1 January 1970.

[28] After 44 years with the company, Dr. Sohmen retired in 2014 as Chairman of BW Group and his son Andreas Sohmen-Pao assumed that role.

[30] BW LPG owns and operates the world's largest fleet of liquefied petroleum gas carriers.

[33] CEO Kristian Sorensen, CFO Samantha Xu, and Executive Vice President, Commercial Niels Rigault, oversee and manage the company's operations in 12 countries.

The Company controls a fleet of 76 vessels which serve the international supply chains of leading oil majors and commodity traders throughout Asia, Europe, Africa, and the Americas.

Hafnia has its headquarters in Singapore, and other offices in Copenhagen, Houston, Dubai and a presence in both Manila, Mumbai and Monaco.

Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

[39] It operates the world's second largest floating oil and gas production fleet (FPSOs), with more than 15 units in the US, Brazil, Mexico, West Africa, North Sea, and Australasia.

CEO Marco Beenen, CFO Ståle Andreassen, CCO Rune Bjorbekk, and COO Kei Ikeda oversee and manage the company's operations in 12 countries.

BW Energy has access to existing FPSOs to reduce time to first oil and cash flow with lower investments than traditional offshore developments.

The main assets are 73.5% of the producing Dussafu Marine Permit offshore Gabon and a 95% interest in the Maromba field in Brazil, both operated by the company.

BW Ideol has a dual-leg growth strategy as a floater EPCI and maintenance services provider, and as a wind-farm project developer and co-owner.

BW Ideol has two full-scale offshore floating wind turbines in operation in France and Japan, a significant project pipelines.

Navigator Holdings Ltd. is involved in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (“LPG”) and ammonia, and owns a 50% share in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel.

Navigator’s fleet consists of 56 semi- or fully-refrigerated liquefied gas carriers, 14 of which are ethylene and ethane capable.