BW LPG India lands $36m gain on vintage VLGC

BW LPG has agreed to sell an ageing very large gas carrier for continued trading, locking in a sizeable gain as secondhand VLGC values remain firm. The Oslo- and New York-listed unit of Singapore’s BW Group said its 52%-owned subsidiary BW LPG India has signed a deal to sell the 2007-built BW Elm to an … Read full article →