TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from BW LPG Ltd ( (GB:0QIX) ) is now available.
BW LPG Limited’s subsidiary, BW LPG India, has agreed to sell the 2008-built BW Lord, expecting a net book gain of approximately US$25 million and net cash proceeds of around US$61 million. This sale is part of BW LPG India’s strategy to modernize its fleet and capitalize on strong asset values, following recent acquisitions that bolster its position as a leading owner and operator of Very Large Gas Carriers in India, handling about 20% of the country’s LPG imports.
The most recent analyst rating on (GB:0QIX) stock is a Buy with a NOK192.00 price target. To see the full list of analyst forecasts on BW LPG Ltd stock, see the GB:0QIX Stock Forecast page.
More about BW LPG Ltd
BW LPG is the world’s leading owner and operator of LPG vessels, with a fleet of over 50 Very Large Gas Carriers (VLGCs) and a carrying capacity exceeding 4 million CBM. The company has five decades of experience in LPG shipping and is associated with BW Group, a global maritime company involved in shipping, floating infrastructure, and sustainable technologies.
Average Trading Volume: 510,108
Current Market Cap: NOK23.64B
See more data about 0QIX stock on TipRanks’ Stock Analysis page.