PRESS RELEASE: KVH Industries, Inc., (Nasdaq: KVHI) has announced that BW Group, a worldwide leader in maritime energy transportation, has chosen KVH’s connectivity services for 45 additional vessels in its fleet. The two companies will also continue with a connectivity contract for the LPG and LNG vessels in BW’s fleet that have had KVH’s VSAT systems and services since 2013.
“We chose KVH because of their commitment to excellence, the ease of working with a sole provider, and the cost advantages that we can achieve with fast, reliable connectivity and global coverage,” says Tor-Egil Gjulem, BW Group’s global head of procurement. “Connectivity is the key to digitalization of many maritime operational functions.”
BW has more than 80 years’ experience in maritime energy transportation, and has a large fleet that includes product tankers, LPG and LNG carriers, FSRUs, dry bulk carriers, chemical tankers, offshore vessels, and crude carriers.
“We are thrilled to work with a maritime leader such as BW, whose commitment to performance, operational efficiency, and crew welfare is well known,” says Mark Guthrie, vice president, Asia Pacific, for KVH. “The fact that they are choosing to add more vessels, based on their experience with KVH for the past five years, is a testament to the strong relationship that has developed between our two companies.”