BW LPG Ltd (GB:0QIX) has released an update.
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BW LPG Ltd has successfully completed the acquisition of 12 Very Large Gas Carriers from Avance Gas Holdings, issuing new shares as part of the transaction. With this expansion, BW LPG now operates a fleet of 53 VLGCs, solidifying its position as the world’s largest owner and operator in this sector. The company remains optimistic about the market outlook for 2025, supported by growth in LPG production and exports from North America.
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