(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
Related Questions
How will the $61 million cash proceeds and $25 million net book gain affect BW LPG’s balance sheet, leverage ratios, and potential dividend or share‑repurchase plans?
What impact will the sale of the BW Lord have on BW LPG’s fleet capacity and future earnings outlook, and how might the market price this change?
How does this vessel sale compare to recent asset disposals by peer LPG shipping companies, and what does it signal about BW LPG’s strategic positioning in the industry?