 With advancing age Pao gradually stepped back from day-to-day management and in 1986 Sohmen was appointed chairman of the World-Wide Shipping Group and Pao's ownership was passed to Sohmen's wife in 1989.In 2003 World-Wide completed the takeover of Norway's Bergesen fleet to become Bergesen Worldwide Ltd., since then renamed BW Group.The group includes 140 tankers and more than 4500 employees (2010).