BW LPG Limited - Acquisition of 12 VLGCs from Avance Gas Successfully Completed With Delivery of Final Vessel BW Avior
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BW LPG Limited has completed the acquisition of 12 Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd, with the final vessel, BW Avior, delivered on December 31, 2024. This marks the successful completion of the transaction.
December 31, 2024 | 9:30 am
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BW LPG Limited has successfully completed the acquisition of 12 VLGCs from Avance Gas, enhancing its fleet capacity. The final vessel, BW Avior, was delivered on December 31, 2024.
The acquisition of 12 VLGCs significantly increases BW LPG's fleet capacity, which is likely to enhance its operational capabilities and market position. The successful completion of the transaction is a positive development for the company.
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