BW LPG Confirms Advanced Delivery of VLGC Newbuilds

BW LPG, referring to its previous announcement (December 24th 2013), today confirmed the advanced delivery of two Very Large Gas Carrier (VLGC) newbuilds from Hyundai Heavy Industries.

All required documentation is fully signed, and delivery is now expected in August and October 2015.

In connection with the advancement, BW LPG has secured two additional options, for delivery in May and August 2016. These options are declarable by 28 February 2014.

The advanced delivery and securing of options are in line with BW LPG’s commitment to provide safe, reliable and cost-efficient LPG transportation solutions to its customers. With the world’s largest fleet of LPG carriers which have been designed for flexible deployment, BW LPG has the capacity and flexibility to offer timely and reliable services across the globe.

 

Press Release, January 20, 2014

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Posted on January 20, 2014

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