BW LPG Limited - BW LPG Takes Delivery of Vessel BW Breeze From Avance Gas
BW LPG has taken delivery of the vessel BW Breeze from Avance Gas, marking the 10th delivery out of 12 Very Large Gas Carriers (VLGCs) acquisition announced on August 15, 2024. As part of the transaction, BW LPG issued 1,350,000 new shares to Avance Gas, bringing the total issued shares to 155,791,000 with a share capital of USD 559,647,298. Following this issuance, Avance Gas now holds a 10.14% stake in BW LPG with 15,791,000 shares.
BW LPG, the world's leading LPG vessel owner and operator, manages VLGCs with over 3 million CBM total carrying capacity, offering integrated services across the LPG value chain through its shipping operations, trading division, and terminal infrastructure.
BW LPG ha ricevuto la consegna della nave BW Breeze da Avance Gas, segnando la decima consegna su un totale di 12 acquisizioni di Very Large Gas Carriers (VLGC) annunciate il 15 agosto 2024. Come parte della transazione, BW LPG ha emesso 1.350.000 nuove azioni a favore di Avance Gas, portando il totale delle azioni emesse a 155.791.000, con un capitale azionario di USD 559.647.298. A seguito di questa emissione, Avance Gas detiene ora una partecipazione del 10,14% in BW LPG con 15.791.000 azioni.
BW LPG, il principale proprietario e operatore di navi LPG al mondo, gestisce VLGC con oltre 3 milioni di CBM di capacit脿 totale di carico, offrendo servizi integrati lungo la catena del valore del GPL attraverso le sue operazioni di navigazione, la divisione commerciale e l'infrastruttura dei terminal.
BW LPG ha recibido la entrega del buque BW Breeze de Avance Gas, marcando la d茅cima entrega de un total de 12 adquisiciones de Very Large Gas Carriers (VLGCs) anunciadas el 15 de agosto de 2024. Como parte de la transacci贸n, BW LPG emiti贸 1.350.000 nuevas acciones a Avance Gas, aumentando el total de acciones emitidas a 155.791.000, con un capital social de 559.647.298 USD. Tras esta emisi贸n, Avance Gas ahora posee una participaci贸n del 10,14% en BW LPG con 15.791.000 acciones.
BW LPG, el principal propietario y operador de buques de LPG en el mundo, gestiona VLGCs con m谩s de 3 millones de CBM de capacidad total de carga, ofreciendo servicios integrados a lo largo de la cadena de valor del GPL a trav茅s de sus operaciones mar铆timas, divisi贸n comercial e infraestructura terminal.
BW LPG臧� Avance Gas搿滊秬韯� BW Breeze 靹犽皶鞚� 鞚胳垬毳� 鞕勲頃橃榾鞙茧┌, 鞚措姅 2024雲� 8鞗� 15鞚检棎 氚滍憸霅� 12觳欖潣 齑堧寑順� 臧�鞀� 鞖措皹靹�(VLGC) 鞚胳垬 欷� 10氩堨Ц 鞝勲嫭鞛呺媹雼�. 鞚� 瓯半灅鞚� 鞚柬櫂鞙茧 BW LPG電� Avance Gas鞐� 1,350,000欤茧ゼ 靸堧 氚滍枆頃橃榾鞙茧┌, 齑� 氚滍枆 欤检嫕 靾橂姅 155,791,000欤茧 歃濌皜頃橃榾瓿�, 鞛愲掣旮堨潃 559,647,298 USD鞛呺媹雼�. 鞚� 氚滍枆 鞚错泟, Avance Gas電� BW LPG鞚� 10.14%鞚� 歆�攵勳潉 氤挫湢頃橂┌, 15,791,000欤茧ゼ 氤挫湢頃橁矊 霅橃棃鞀惦媹雼�.
BW LPG電� 靹戈硠鞐愳劀 臧�鞛� 韥� LPG 靹犽皶 靻岇湢 氚� 鞖挫榿 須岇偓搿�, 300毵� CBM 鞚挫儊鞚� 齑� 鞖挫啞 鞖╇焿鞚� 臧�歆� VLGC毳� 甏�毽晿氅�, 頃挫毚 鞖挫榿, 韸鸽爤鞚措敥 攵�氍� 氚� 韯半雱� 鞚疙攧霛茧ゼ 韱淀暣 LPG 臧�旃� 靷姮鞚� 鞎勳毎毳措姅 韱淀暕 靹滊箘鞀るゼ 鞝滉车頃╇媹雼�.
BW LPG a re莽u la livraison du navire BW Breeze de la part d'Avance Gas, marquant la dixi猫me livraison sur un total de 12 acquisitions de Very Large Gas Carriers (VLGC) annonc茅es le 15 ao没t 2024. Dans le cadre de la transaction, BW LPG a 茅mis 1.350.000 nouvelles actions 脿 Avance Gas, portant le total des actions 茅mises 脿 155.791.000, avec un capital social de 559.647.298 USD. Suite 脿 cette 茅mission, Avance Gas d茅tient d茅sormais une participation de 10,14% dans BW LPG avec 15.791.000 actions.
BW LPG, le premier propri茅taire et op茅rateur de navires LPG au monde, g猫re des VLGC avec une capacit茅 de transport totale de plus de 3 millions de CBM, offrant des services int茅gr茅s tout au long de la cha卯ne de valeur du GPL gr芒ce 脿 ses op茅rations maritimes, sa division commerciale et son infrastructure terminale.
BW LPG hat das Schiff BW Breeze von Avance Gas 眉bernommen, was die zehnte Lieferung von insgesamt 12 angek眉ndigten Very Large Gas Carriers (VLGCs) darstellt, die am 15. August 2024 bekannt gegeben wurden. Im Rahmen der Transaktion hat BW LPG 1.350.000 neue Aktien an Avance Gas ausgegeben, womit sich die Gesamtzahl der ausgegebenen Aktien auf 155.791.000 erh枚ht hat, bei einem Aktienkapital von 559.647.298 USD. Nach dieser Ausgabe h盲lt Avance Gas nun einen Anteil von 10,14% an BW LPG mit 15.791.000 Aktien.
BW LPG, der weltweit f眉hrende Eigent眉mer und Betreiber von LPG-Schiffen, verwaltet VLGCs mit einer Gesamtnutzlastkapazit盲t von 眉ber 3 Millionen CBM und bietet integrierte Dienstleistungen entlang der LPG-Wertsch枚pfungskette durch seine Schifffahrtsoperationen, Handelsabteilung und Terminalinfrastruktur an.
- Successful delivery of 10 out of 12 VLGCs from strategic fleet acquisition
- Strengthens position as world's leading VLGC operator with over 3 million CBM capacity
- Strategic partnership with Avance Gas through 10.14% ownership stake
- Share dilution from issuance of 1,350,000 new shares
Insights
The delivery of BW Breeze marks a significant milestone in BW LPG's strategic fleet expansion, representing the 10th of 12 VLGCs acquired from Avance Gas. The transaction, partially settled through the issuance of
This vessel delivery strengthens BW LPG's competitive position in the VLGC market at a important time. The LPG shipping sector is experiencing robust demand growth, driven by increasing global LPG trade and energy transition initiatives. The modern VLGC fleet acquisition enhances operational efficiency and positions BW LPG to capitalize on favorable market conditions. The vertical integration strategy, combining shipping operations with trading and terminal infrastructure, creates multiple revenue streams and operational synergies. The backing of BW Group, with its extensive maritime expertise and diverse fleet of over 450 vessels, provides additional strategic advantages and stability for long-term growth.
BW LPG has today issued 1,350,000 new BW LPG shares to Avance Gas as part-consideration for the above vessel. Following the issuance of the new shares, the total number of issued shares of BW LPG is 155,791,000, representing a total share capital in the amount of
Following the above issuance, Avance Gas holds 15,791,000 shares in BW LPG, representing approximately
About BW LPG
BW LPG is the world鈥檚 leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and a growing presence in LPG terminal infrastructure and distribution, BW LPG offers an integrated, flexible, and reliable service to customers along the LPG value chain. More information about BW LPG can be found at .
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 450 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, biofuels and water treatment.
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
View source version on businesswire.com:
For further information, please contact:
Kristian S酶rensen, CEO, BW LPG
Samantha Xu, CFO, BW LPG
贰-尘补颈濒:听investor.relations@bwlpg.com
Source: BW LPG Limited
FAQ
How many VLGCs has BW LPG (BWLP) received from the Avance Gas acquisition as of December 2024?
What is BW LPG's (BWLP) total share count after the December 2024 share issuance?
What percentage of BW LPG (BWLP) does Avance Gas own after the December 2024 share issuance?
What is BW LPG's (BWLP) total carrying capacity after the latest VLGC delivery?
