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BW LPG India to Sell BW Loyalty, Expects $52 Million Gain

BW LPG India to Sell BW Loyalty, Expects $52 Million Gain

MT newswireMT newswire2026/10/20 09:05
05:05 AM EDT, 10/20/2026 (MT Newswires) -- BW LPG (BWLP) said Tuesday its subsidiary, BW LPG India, agreed to sell the 2008-built vessel BW Loyalty for continued trading. The company said the sale is expected to generate a gain of about $52 million and net cash proceeds of about $66 million, after taxes and transaction costs, on a 100% basis. The vessel is expected to be delivered to the buyer after its current time charter ends, no later than December 2026, it added.
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