BW LPG Limited Announces Sale of BW Lord

(NYSE:BWLP) SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code: “BWLP”) is pleased to announce that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2008-built BW Lord for continued trading. On a 100% basis, the sale of BW Lord is expected to generate a net book gain of approximately US$25 million and net cash proceeds of around US$61 million. The vessel is scheduled for delivery to the buyer before the end o