BW LPG Ltd Expands Fleet with New Acquisition

BW LPG Ltd (GB:0QIX) has released an update.

BW LPG Ltd has expanded its fleet by acquiring the BW Pampero, one of 12 Very Large Gas Carriers from Avance Gas Holdings. As part of the deal, BW LPG issued 1.35 million new shares to Avance Gas, bringing its total shares to nearly 151 million. This acquisition strengthens BW LPG’s position in the LPG shipping industry.

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