BREAKING NEWS
Adani Dhamra Port marks new operational milestone with mechanised loading system at export terminal
Logistics DataBank Crosses 100 Million Container Milestone, Strengthening India’s Digital Logistics Ecosystem
Fleetzero’s Leviathan battery system gets ABS product design assessment
India’s Container Manufacturing Scheme Targets Import Dependence, 53,000 Jobs
Chennai Port Introduces Concession Scheme to Boost Outer Anchorage Maritime Services
Maharashtra’s Dighi Gets In-Principle Nod for ₹27,500-Crore Greenfield Shipbuilding Cluster
Indian Ports Association (IPA) extends ₹5 crore assistance to Assam flood relief
Cavotec to Install India’s First Automated Mooring System at JN Port’s GTI Terminal
US sends seized shadow fleet tankers for scrap
Star Bulk walks away from Genco fleet deal
Adani Dhamra Port marks new operational milestone with mechanised loading system at export terminal
Logistics DataBank Crosses 100 Million Container Milestone, Strengthening India’s Digital Logistics Ecosystem
Fleetzero’s Leviathan battery system gets ABS product design assessment
India’s Container Manufacturing Scheme Targets Import Dependence, 53,000 Jobs
Chennai Port Introduces Concession Scheme to Boost Outer Anchorage Maritime Services
Maharashtra’s Dighi Gets In-Principle Nod for ₹27,500-Crore Greenfield Shipbuilding Cluster
Indian Ports Association (IPA) extends ₹5 crore assistance to Assam flood relief
Cavotec to Install India’s First Automated Mooring System at JN Port’s GTI Terminal
US sends seized shadow fleet tankers for scrap
Star Bulk walks away from Genco fleet deal
BW LPG sells 2015-built VLGC for $38m
The company disclosed that the sale of BW Levant is
expected to generate a net book gain of approximately $17 million and net cash
proceeds of around $38 million. It
also remarked that the delivery timeline allows the company to continue
generating revenue from the asset in a strong freight market. BW LPG Chief Executive Officer Kristian
Sørensen commented, "This sale demonstrates our disciplined approach to
capital allocation, realising a strong return just two years after purchasing
the vessel through the Avance Gas transaction."
Sailing under the
Marshall Islands flag, the 226-metre vessel has a deadweight tonnage of 53,658
and a carrying capacity of 83,000 cubic metres. BW LPG currently operates a
fleet of 50 VLGCs.
Related News
