BW LPG enters into agreement for eight 90’cbm Panamax newbuildings with Hyundai Heavy Industries

Summary by AI BETAClose X

BW LPG has entered into a contract for the construction of eight 90’cbm Panamax Very Large Gas Carriers, with a total consideration of approximately US$940 million, expected to be delivered between early 2029 and the second quarter of 2030. This significant investment supports the company's fleet renewal program and is underpinned by strong long-term fundamentals in the LPG market, with the newbuildings designed to enhance scale and flexibility.

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Bw Lpg Ltd (0QIX)
UK 100

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