(Singapore, 12 March 2015)
The Company is pleased to announce the appointment
of Mr. Martin Ackermann as the Chief Executive
Officer of BW LPG Limited ("BW LPG", the "Company",
OSE ticker code: "BWLPG"). Mr. Ackermann is
currently the CEO of Evergas. He will take up his
new role at BW LPG in Singapore once his
contractual commitments have been finalised, and BW
LPG's current CEO, Mr. Nicholas Gleeson, will in
due course return to his previous position as Chief
Financial Officer of BW Group.
Martin Ackermann has been CEO of Evergas since
2008, where he has led the rejuvenation of the
former Eitzen Gas fleet, including the development
of eight ethane carriers on long-term contracts.
Andreas Sohmen-Pao, Chairman of BW LPG, says: "We
are very grateful to Nick for his sterling efforts
taking BW LPG to the stock market and in the period
thereafter, and are pleased to have his continued
contributions as CFO of BW Group. We are delighted
to be welcoming Martin as CEO of BW LPG. As the
world's largest LPG shipping company, we look
forward to his leadership in developing the
company's strong platform of assets and
capabilities".
For further information, please contact:
Ms Arathi Menon
BW LPG Limited
Tel: +65 6705 5513
Email: arathi.menon@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 37 gas carriers with a total carrying
capacity of close to 3 million cbm and a further
504,000 cbm of capacity on order in Korea. With 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.