4 stories mentioning BWLPG.OLUpdated just now
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BW LPG (BWLPG.OL) said its partly owned Indian subsidiary agreed to sell the BW Elm vessel for expected net cash proceeds of $64 million.The sale is expected to result in a net book gain of $36 million on a 100% basis, according to a Friday release. BW LPG owns a 52% stake in the seller, BW LPG India.The 2007-built vessel is expected to be delivered to the buyer by mid-August.
BW LPG (BWLPG.OL) sold its entire 8.5% equity stake in Indian liquefied petroleum gas cylinder manufacturer Confidence Petroleum India.The liquefied petroleum gas shipping company said Wednesday that the sale will not impact its profit or loss, or total equity.
Norway-listed liquefied petroleum gas vessels operator BW LPG (BWLPG.OL) signed a contract worth $940 million to develop eight gas carriers for Hyundai Heavy Industries.The 90 cubic meter Panamax Very Large Gas Carriers, or VLGCs, are expected to be delivered in sequence from the beginning of 2029 to the second quarter of 2030, according to a May 30 release. The contract remains subject to final technical specifications.
Liquefied natural gas transportation company Awilco LNG (ALNG.OL) appointed Niels Rigault as its chief commercial officer, according to a Tuesday release.Rigault previously served as the executive vice president commercial at liquefied petroleum gas vessels operating company BW LPG (BWLPG.OL).
