BW LPG Expands Indian Fleet with New Vessel Sale

The latest announcement is out from BW LPG Ltd ( (GB:0QIX) ).

BW LPG Limited has signed a Memorandum of Agreement to sell two vessels, BW Pampero and BW Chinook, to BW LPG India for approximately USD 75 million each. This transaction, expected to be completed in Q3 2025, aims to expand and renew BW LPG India’s fleet, enhancing its market presence amidst growing LPG demand in India. The deal aligns with BW LPG’s strategy to optimize its fleet in expanding markets and supports India’s energy transition, while also adhering to the Atmanirbhar Bharat initiative.

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 4 million CBM. With over five decades of experience, BW LPG is part of the BW Group, a global maritime company with interests in shipping, floating infrastructure, and renewable technologies.

YTD Price Performance: -4.91%

Average Trading Volume: 32,905

Technical Sentiment Signal: Hold

Current Market Cap: NOK17.6B

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