BW LPG Advances Delivery of Two Newbuilds

BW LPG has advanced the delivery of two Very Large Gas Carrier (VLGC) newbuilds from Hyundai Heavy Industries, at a cost of $1.1 million per vessel.

Delivery is now expected in August and October 2015, instead of May and August 2016. This is in line with BW LPG’s commitment to provide safe, reliable and cost-efficient LPG transportation solutions to its customers.

The vessels are designed for flexible deployment, and owning and operating the world’s largest fleet of LPG carriers gives us the capacity and flexibility to offer timely and reliable services across the globe.

BW LPG owns and operates 36 gas carriers with a total carrying capacity of about three million cbm, with a further six VLGC newbuilds (504,000 cbm of capacity) on order in Korea.

[mappress]
Press Release, December 24, 2013