BW LPG (BWLP) said Monday it signed an agreement to sell two gas carriers, the BW Pampero and the BW Chinook, to BW LPG India for about $75 million each.
BW LPG holds a 52% stake in BW LPG India, with Maas Capital Shipping owning 42%, the company said.
The two Very Large Gas Carriers are expected to be delivered in Q3, BW LPG added.
BW LPG shares were down 3.4% in recent trading.
Price: 10.89, Change: -0.33, Percent Change: -2.94
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