BW LPG Ltd (BWLP) Form 6-K — Jul 10, 2026
BW LPG Limited announced that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2007-built vessel BW Elm for continued trading. The vessel is scheduled for delivery to the buyer by mid-August 2026. On a 100% basis, the sale is expected to generate a net book gain of approximately US$36 million and net cash proceeds of around US$64 million. The company highlighted that the sale price reflects the strength of its commercial platform, equating to the level of a newbuilding price of about US$248 million.
Key figures
- Net Book Gain
- $36 million
- Net Cash Proceeds
- $64 million
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