BW LPG Ltd (BWLP) Form 6-K — Oct 20, 2026
BW LPG Limited announced that its 52%-owned subsidiary, BW LPG India, has agreed to sell the 2008-built vessel BW Loyalty for a price in the low US$80 million. The sale is expected to generate a gain on disposal of approximately US$52 million on a 100% basis, with net cash proceeds of approximately US$66 million after taxes and transaction costs. The vessel will be delivered to the buyer upon completion of her current time charter, no later than December 2026, with the proceeds strengthening BW LPG India's financial position.
Key figures
- Sale price usd
- low US$80 million
- Delivery deadline
- December 2026
- Vessel build year
- 2008
- Gain on disposal usd million
- 52
- Subsidiary ownership percent
- 52
- Net cash proceeds usd million
- 66
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