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An update from BW LPG Ltd ( (GB:0QIX) ) is now available.
BW LPG Limited has announced the delivery of two more Very Large Gas Carriers, BW Mistral and BW Polaris, from Avance Gas as part of its acquisition of 12 vessels. This acquisition process included issuing 3,450,000 new shares to Avance Gas, increasing Avance’s stake to approximately 9.35% in BW LPG. This strategic move supports BW LPG’s position as a leading LPG vessel operator, enhancing its operational capacity and reinforcing its industry leadership.
More about BW LPG Ltd
BW LPG is the world’s leading owner and operator of LPG vessels, specializing in Very Large Gas Carriers (VLGC) with a carrying capacity of over 3 million CBM. With extensive experience in LPG shipping, the company also has a strong presence in LPG trading, terminal infrastructure, and distribution, offering comprehensive services along the LPG value chain. It is associated with BW Group, a major global maritime company with investments in shipping, deepwater oil & gas, and sustainable technologies.
YTD Price Performance: 1.31%
Average Trading Volume: 17,332
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK17.91B
Find detailed analytics on 0QIX stock on TipRanks’ Stock Analysis page.
