(Singapore, 09 June 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 Q2
2015.
BW LPG has seen continued strong deployment of
vessels under COA contracts in the second quarter
of 2015, supporting solid commercial utilisation
during the period.
Projected revenue days by contract type for Q2 2015
are now as follows:
VLGC Days Qtr % of Total
Total ship days 2,977
To be fixed 245 8.2%
Voyage 529 17.8%
COA-spot 261 8.8%
COA-fixed 1,086 36.5%
TC-fixed 805 27.1%
Non-revenue earning* - 0.0%
Technical offhire 51 1.7%
LGC Days Qtr % of Total
Total ship days 455
To be fixed 19 4.1%
Voyage 71 15.6%
COA-spot - 0.0%
COA-fixed - 0.0%
TC-fixed 348 6.6%
Non-revenue earning* - 0.0%
Technical offhire 17 3.7%
* 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:
Nicholas Gleeson
Chief Executive Officer
BW LPG Limited
Tel: +65 6705 5500
Email: nicholas.gleeson@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 38 gas carriers with a total carrying
capacity of close to 3 million cbm and a further
672,000 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.