31 August 2015
BW LPG announces delivery of BW Libra
(Singapore, 31 August 2015)
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) is pleased to announce that it has today taken delivery of BW Libra, the fifth Very Large Gas Carrier (VLGC) in its newbuilding programme of eight VLGCs from HHI.
Following delivery, the vessel will immediately join BW LPG’s commercial programme. Commenting on the delivery, BW LPG CEO Martin Ackermann said, “The newbuilding programme plays an important role in our customer commitment to delivering quality transportation of LPG. We are very pleased with the high quality of vessels delivered from HHI and look forward to the continuation of this partnership.”
Including the BW Libra, the Company now owns and operates a fleet of 39 vessels, comprising 26 owned VLGCs, eight chartered-in VLGCs, and five owned LGCs. BW LPG is the world’s largest VLGC owner and operator, by number of VLGCs and by LPG carrying capacity.
For further information, please contact:
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
Strategy and Investor Relations Analyst
BW LPG Limited
Tel: +65 6705 5514
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 39 gas carriers with a total carrying capacity of close to 3 million cbm and a further 588,000 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.