(Singapore, 16 September 2015)
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG") hereby
presents its estimates for employment of its vessels by contract type in Q3
2015.
Projected revenue days by contract type for Q3 2015 are now as follows:
Segment VLGC LGC
Q32015 % of Total Q32015 % of Total
Total ship days 3,088 460
To Be Fixed 146 5% 11 2%
Voyage 574 19% 131 28%
CoA-spot 149 5% - -
CoA-fixed 1,172 38% - -
TC-fixed 978 32% 316 69%
Non-revenue
earning* - - - -
Technical
offhire 69 2% 2 0%
*Non-revenue earning days are those days where a vessel is technically
available for hire but not earning revenue, e.g. no available fixtures;
delivery from yard to first charter; redelivery of vessel on completion of
charter-in.
For further information, please contact:
Elaine Ong, CA
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
Email: elaine.ong@bwlpg.com
John Papaioannou, CFA
Strategy & Investor Relations Analyst
BW LPG Limited
Tel: +65 6705 5514
Email: john.papaioannou@bwlpg.com
ABOUT BW LPG
BW LPG is the world's largest very large gas carrier (VLGC) owner and operator
based on number of VLGCs and by LPG carrying capacity. BW LPG owns and
operates 39 gas carriers with a total carrying capacity of 3.1 million cbm and
a further 588,000 cbm of capacity on order in Korea. With more than 35 years
of operating experience in LPG shipping and experienced seafarers and staff,
BW LPG offers a flexible and reliable service to customers. BW LPG is
associated with BW Group, one of the world's leading shipping groups. BW Group
is involved in oil and gas transportation, floating gas infrastructure,
environmental technologies and deep-water production.
This information is subject to disclosure requirements pursuant to Section 5-
12 of the Norwegian Securities Trading Act.