BW LPG India agrees to sell BW Birch, expects net cash proceeds of about US$64 million

Reuters2026/08/25 13:47

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BW LPG agreed to sell the 2007-built VLGC BW Birch through 52%-owned BW LPG India for continued trading.
Transaction expected to generate a net book gain of about USD 37 million on a 100% basis.
Net cash proceeds seen at around USD 64 million, with delivery to the buyer due by mid-November.
Sale valued at an equivalent newbuilding price of about USD 248 million, supporting BW LPG’s fleet renewal program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BW LPG Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608250947BIZWIRE_USPR_____20260825_BW401481) on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BW LPG India agrees to sell BW Birch, expects net cash proceeds of about US$64 million

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