Sohmen-Pao-led BW has taken on five owned ships and a further five the Danish owner has on charter.
Hanne Sorensen, CEO of Maersk Tankers: “This transaction supports our strategy to focus on fewer segments."
Both camps are keeping quiet about the value of the takeover which sources are pegging at around $300m.
Andreas Sohmen-Pao, CEO BW Group, explained: “Maersk Tankers has a fleet of high quality vessels and BW is pleased to be acquiring this fleet.
“With