Oslo-listed BW LPG has bought its 2006-built very massive gasoline provider (VLGC)
BW Dealer, which the corporate expects will generate round $20m in liquidity and a web e-book achieve of roughly $2m.
The sale and supply of the 78,631 cu m vessel to its new proprietor for additional buying and selling is anticipated to be accomplished by March 2022.
Anders Onarheim, CEO of BW LPG, commented: “This sale is consistent with our technique of searching for to optimise our property via the cycles and provides additional power to our stability sheet and liquidity place.”
In December final 12 months, BW LPG divested six ships. Following the most recent sale, BW LPG now owns and operates a fleet of 39 VLGCs.