BW LPG (BWLP) said Tuesday its BW LPG India subsidiary has decided to sell its 2007-built vessel BW Cedar for $65 million as part of a planned fleet renewal.
The vessel will be delivered to the new owners in Q1 2025.
The company also exercised a purchase option for BW Kizoku, a 2019 Japan-built very large gas carrier, for $69.8 million. The vessel is expected to be delivered in January 2025.
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