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BW LPG Concludes Acquisition of LPG Trading Operations from Vilma Oil
24 Nov 2022 07:00 CET
(Singapore, 24 November 2022)
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG.OL”) is pleased
to announce that it has completed the acquisition of Vilma Oil’s LPG Trading
Operations, a transaction that was previously announced on 1 August 2022.
“This acquisition accelerates our ambition to expand our Product Services
division,” says Anders Onarheim, CEO, BW LPG. “We welcome the team to BW LPG and
look forward to working together on an expanded commercial platform, improving
our ability to service our clients and adding value to our shareholders.”
For further information, please contact:
Anders Onarheim
Chief Executive Officer
E-mail: anders.onarheim@bwlpg.com
Elaine Ong
Chief Financial Officer
E-mail: elaine.ong@bwlpg.com
About BW LPG
BW LPG is the world’s leading owner and operator of LPG vessels, owning and
operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over
3 million CBM. With five decades of operating experience in LPG shipping and
experienced seafarers and staff, BW LPG offers a flexible and reliable service
to customers. More information about BW LPG can be found at www.bwlpg.com.
BW LPG is associated with BW Group, a leading global maritime company involved
in shipping, floating infrastructure, deepwater oil & gas production, and new
sustainable technologies.
Founded in 1955 by Sir YK Pao, BW controls a fleet of over 490 vessels
transporting oil, gas and dry commodities, with its 200 LNG and LPG ships
constituting the largest gas fleet in the world. In the renewables space, the
group has investments in solar, wind, batteries, biofuels and water treatment.
More information:
Access the news on Oslo Bors NewsWeb site
Source
BW LPG Limited
Provider
Oslo Børs Newspoint
Company Name
BW LPG
ISIN
BMG173841013, SGXZ69436764
Symbol
BWLPG
Market
Oslo Børs