10 June 2016
Appointment of Commercial Senior Vice President
(Singapore, 10 June 2016)
The Company is pleased to announce the appointment of Mr. Niels Rigault as Senior Vice President, Commercial of BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG"). Mr. Rigault is currently Partner at Shipbrokers Inge Steensland. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised.
Mr. Rigault builds upon 15 years of competitive Shipbroking, and has strong experience within all areas of LPG shipping. Martin Ackermann, CEO of BW LPG, says, "We are delighted to be welcoming Niels to BW LPG. Niels’ extensive industry knowledge and customer focus will be a strong complement to our team. As the world's largest LPG shipping company, we look forward to strengthening our commercial platform, in our continued commitment to deliver value to customers and shareholders".
For further information, please contact:
Elaine Ong, CPA, CA
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
John Papaioannou, CFA
Senior Manager, Strategy & Investor Relations
BW LPG Limited
Tel: +65 6705 5514
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 41 gas carriers with a total carrying capacity of over 3.1 million cbm. In addition, BW LPG has 6 VLGC newbuildings under construction. 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.