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BW LPG Sells Very Large Gas Carrier for aogdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aogdigital.com Daily Mail and Mail on Sunday newspapers.
BW Empress was built in 2005 and has a carrying capacity of 77,330 CBM. The sale has generated approximately US$ 40 million in liquidity and an expected net book gain of approximately US$ 10 million. The sale and delivery of the vessel to its new owner for further trading was completed on 15 April 2021, the Oslo-listed company said Friday. Anders Onarheim, CEO of BW LPG, said: BW Empress was sold for an attractive price in a volatile market. This sale is aligned with our asset management strategy, as we maximize the value of our current assets on water while considering the best way forward in our journey towards a zero-carbon future.” ....
FUJCON 2021 Virtual Forum To Open On March 23 To Reinforce Fujairah's Status As A Global Bunker, Storage And Trading Hub hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
BW Gemini completes loading in Houston. BW LPG to add more retrofits offshore-energy.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-energy.biz Daily Mail and Mail on Sunday newspapers.
Maritime Activity Reports, Inc. December 14, 2020 BW Gemini is the world s first VLGC to run on LPG fuel. (Photo: BW LPG) BW LPG s BW Gemini, the world’s first Very Large Gas Carrier (VLGC) to be retrofitted with LPG dual-fuel propulsion, completed loading at Enterprise Terminal in Houston Monday. BW LPG, part of BW Group, said Monday that the VLGC had completed its historic crossing of the Pacific Ocean on LPG propulsion on December 5. BW Gemini is carrying a record load of 49,000 metric tons of LPG on a single keel. As the vessel refueled while loading and no additional bunkering was needed, she has proceeded on her voyage. This turnaround translates to an increase in the vessel’s commercial availability for customers, BW LPG said. ....