BW LPG reports strategic fleet renewal with sale and purchase of very large gas carriers
seekingalpha
2024-11-19
Erik_V/iStock Editorial via Getty Images
BW LPG (NYSE:BWLP) Tuesday reported the sale of 2007-built BW Cedar for further trading, and the exercise of a purchase option for 2019-built BW Kizoku.
The sale is priced at approximately $65 million and is expected to generate a net book