(Singapore, 29 March 2016)
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG") hereby
presents its estimates for employment of its vessels by contract type in Q1
2016.
Projected revenue days by contract type for Q1 2016 are now as follows:
Segment VLGC LGC
Q1 2016 % of Total Q1 2016 % of Total
Total days (net of offhire) 3,061 454
To Be Fixed - - - -
Spot 1,089 36% 202 45%
CoA 1,131 37% - -
Timecharter 841 27% 252 55%
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 leading and largest very large gas carrier (VLGC) owner
and operator based on number of VLGCs and by LPG carrying capacity. BW LPG
currently owns and operates 40 gas carriers with a total carrying capacity of
over 3.1 million cbm. In addition, BW LPG has 6 VLGC newbuildings under
construction in Korea. With more than 37 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.