Singapore, July 20 -- BW LPG Limited is pleased to announce the sale of the 2015-built BW Levant, acquired in the 2024 Avance Gas transaction.The sale of BW Levant is expected to generate a net book gain of approximately US$17 million and net cash proceeds of around US$38 million. The vessel is scheduled for delivery to the buyer at the latest by mid-November, enabling BW LPG to continue generating revenue from the asset in a strong freight market.

Published by HT Digital Content Services with permission from Pivotal Sources....