(Singapore, 27 February 2015)
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) is pleased to announce that it has today taken delivery of BW Carina, the second Very Large Gas Carrier (VLGC) in its newbuilding program of eight VLGCs.
In a speech given at the shipnaming ceremony in Ulsan, South Korea, for the BW Carina and two of her sister vessels due in March and April, BW LPG CEO Nicholas Gleeson said, “These vessels deliver into a particularly strong chartering market, and are being completed with the high quality we have come to expect from HHI. They are an important extension of our customer commitment to deliver high-quality maritime transportation of LPG safely and efficiently.”
Including the BW Carina, the company now owns and operates a fleet of 37 vessels, comprising 21 owned VLGCs, 11 chartered-in VLGCs, five owned LGCs with six more VLGCs on order. BW LPG is the world’s largest Very Large Gas Carrier (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
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 37 gas carriers with a total carrying capacity of close to 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 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.