11 January 2016
Resignation of BW LPG's Chief Commercial Officer
(Singapore, 11 January 2016)
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG") announces the resignation of Mr. Andrew Hoare, Chief Commercial Officer.
Mr. Martin Ackermann, Chief Executive Officer of BW LPG says, "We wish to thank Andrew for his long term contribution to the company and BW Group where he has held several roles over the past 12 years. We wish Andrew all the best in his future endeavours. Our strong organisation remains focused on servicing our customers and further developing our market leadership position within the LPG sector."
Mr. Hoare will continue in his role during his notice period. Ad-interim the commercial division will report
directly to Mr. Ackermann, Chief Executive Officer.
For further information, please contact:
Elaine Ong, CA
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
John Papaioannou, CFA
Strategy & Investor Relations Analyst
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 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 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.