AP Moeller - Maersk A/S' Maersk Tankers Sells Gas Carrier Fleet to BW Group-Reuters

Wednesday, 29 May 2013 03:45am EDT 

Reuters reported that the tankers shipping unit of AP Moeller - Maersk A/S, Maersk Tankers, has sold its fleet of large gas vessels to Norway's BW Group. Maersk Tankers stated that it was exiting the Very Large Gas Carrier (VLGC) segment by selling five of its own vessels to BW Group which would also take over the five existing time charter commitments of Maersk Tankers.