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BW LPG Ltd ( (GB:0QIX) ) has issued an announcement.
BW LPG Limited has announced the delivery of the BW Breeze, marking the acquisition of 10 out of 12 Very Large Gas Carriers from Avance Gas Holdings Ltd. As part of this transaction, BW LPG has issued 1,350,000 new shares to Avance Gas, increasing its total share capital to USD 559,647,298, with Avance Gas now holding a 10.14% stake in BW LPG. This move enhances BW LPG’s fleet capacity and strengthens its position in the LPG shipping industry.
More about BW LPG Ltd
BW LPG is the world’s leading owner and operator of LPG vessels, specializing in Very Large Gas Carriers (VLGC) with a carrying capacity exceeding 3 million CBM. With five decades in LPG shipping, BW LPG provides integrated services across the LPG value chain, and is part of BW Group, a global maritime company involved in shipping, floating infrastructure, and sustainable technologies.
YTD Price Performance: 0.09%
Average Trading Volume: 18,430
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK17.53B
Find detailed analytics on 0QIX stock on TipRanks’ Stock Analysis page.
