20 January 2014
Advanced delivery of two VLGC newbuilds
(Singapore, 20 January 2014)
BW LPG refers to its previous announcement dated 24 December 2013 and is pleased to confirm the advanced delivery of two Very Large Gas Carrier (VLGC) newbuilds from Hyundai Heavy Industries.
All required documentation is fully signed, and delivery is now expected in August and October 2015. In connection with the advancement, BW LPG has secured two additional options, for delivery in May and August 2016. These options are declarable by 28 February 2014.
The advanced delivery and securing of options are in line with BW LPG's commitment to provide safe, reliable and cost-efficient LPG transportation solutions to our customers. With the world's largest fleet of LPG carriers which have been designed for flexible deployment, BW LPG has the capacity and flexibility to offer timely and reliable services across the globe.
For further information, please contact:
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
Chief Executive Officer
BW LPG Limited
Tel: +65 6705 5500
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 36 gas carriers with a total carrying capacity of about 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 and gas transportation, floating gas infrastructure, environmental technologies
and deep-water production.