BW LPG Signs MOA to Sell Two VLGCs to BW LPG India

BW LPG Signs MOA to Sell Two VLGCs to BW LPG India

SINGAPORE--(BUSINESS WIRE)--Mar 31, 2025-

Invest: BW LPG India acquires two VLGCs

Sørensen adds modern quality tonnage to fleet BW LPG India is paying approximately US$75 million per vessel to buy two ships under Avance Gas transaction – BW Pampero and BW Chinook – from BW LPG Limited (“BW LPG”, OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP”). A memorandum of agreement was signed recently for the […] Source

BW LPG sells VLGC duo to Indian joint venture

MarineTraffic / Ghis v d Vijver VLGC owner and operator BW LPG has signed a memorandum of agreement to sell two vessels to the BW LPG India joint venture. The two vessels in question, the BW Pampero and BW Chinook, were acquired in the recent Avance Gas transaction and will be sold for approximately $75m per vessel to ensure further expansion and fleet renewal in the Indian market. The delivery of the two 2015-built vessels is expected in the t…

BW LPG sells two VLGCs to Indian business as it sees ‘tremendous potential’ in market

BW LPG India expands fleet amid rising domestic LPG demand