BW LPG takes delivery of another VLGC

BW LPG takes delivery of another VLGC

BW LPG said that it has taken delivery of BW Gemini, the third very large gas carrier in its newbuilding program of eight VLGCs.

The BW Gemini is part financed by the USD 400 million loan facility agreement signed in February with KEXIM, DNB and SEB, as lending banks, the company said in a statement.

BW LPG’s CCO, Andrew Hoare commented on the delivery, “BW Gemini, the third newbuilding in this series of VLGCs is delivered to us from HHI on schedule. At 84,000 cubic meters, the vessel is optimised for loading out of the US terminals.”

Including the BW Gemini, the company now owns and operates a fleet of 38 vessels on the water, comprising 22 owned VLGCs, 11 chartered-in VLGCs and five owned LGCs. BW LPG has 5 further newbuildings delivering through 2015 and 2016.

Image: BW LPG

Share this article

Follow LNG World News

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >

LNG Pricing, Trading & Hedging London

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >