BW LPG Limited Announces Sale of BW Loyalty

SINGAPORE–(BUSINESS WIRE)–BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code: “BWLP”) is pleased to announce that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2008-built BW Loyalty for continued trading. On a 100% basis, the sale of BW Loyalty is expected to generate a gain on disposal of approximately US$52 million. Net cash proceeds are expected to be approximately US$66 million, after taxes and transaction costs. Th

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