{"id":997883,"date":"2026-08-25T09:50:10","date_gmt":"2026-08-25T13:50:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-announces-sale-of-bw-birch\/"},"modified":"2026-08-25T09:50:10","modified_gmt":"2026-08-25T13:50:10","slug":"bw-lpg-limited-announces-sale-of-bw-birch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-announces-sale-of-bw-birch\/","title":{"rendered":"BW LPG Limited Announces Sale of BW Birch"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>BW LPG Limited Announces Sale of BW Birch<\/b><\/p>\n<p>SINGAPORE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBW LPG Limited (\u201cBW LPG\u201d or the \u201cCompany\u201d, OSE ticker code: \u201cBWLPG.OL\u201d, NYSE ticker code: \u201cBWLP\u201d) is pleased to announce that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2007-built BW Birch for continued trading.<\/p>\n<p>\nOn a 100% basis, the sale of BW Birch is expected to generate a net book gain of approximately US$37 million and net cash proceeds of around US$64 million. The vessel is currently trading under a time charter agreement and is scheduled for delivery to the buyer by mid-November at the latest.<\/p>\n<p>\nKristian S\u00f8rensen, CEO of BW LPG, says \u201cThis transaction, at a value equivalent to a newbuilding price of approximately US$248 million and in line with the recently announced sale of BW Elm, reflects our continued execution of our fleet renewal programme and our ability to capitalize on strong second-hand market values.\u201d<\/p>\n<p><b>About BW LPG<\/b><\/p>\n<p>\nBW LPG is the world\u2019s leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers (VLGCs), including over 20 vessels powered by LPG dual-fuel propulsion technology. Building on over five decades of LPG shipping experience, the company is strengthened by an in-house LPG trading division and the commercial expertise to explore investments in value chain assets. Together, these capabilities enable BW LPG to provide trusted and reliable services for sourcing and delivering LPG to customers worldwide. Delivering energy for a better world \u2013 more information about BW LPG can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bwlpg.com&amp;esheet=54594388&amp;newsitemid=20260825401481&amp;lan=en-US&amp;anchor=www.bwlpg.com&amp;index=1&amp;md5=3bf93aaf80cb6a552b212e4a2ff35bf8\">www.bwlpg.com<\/a>.<\/p>\n<p>\nBW LPG is associated with BW Group, a leading global energy and maritime company involved in shipping, deepwater oil &amp; gas production, renewable energy and digital infrastructure. BW controls a fleet of over 400 vessels transporting oil, gas and dry commodities. In the infrastructure space, the group operates in wind, batteries, water, subsea cable networks and data centres. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bw-group.com&amp;esheet=54594388&amp;newsitemid=20260825401481&amp;lan=en-US&amp;anchor=www.bw-group.com&amp;index=2&amp;md5=525a59f763c199147e2a5b1113424b8b\">www.bw-group.com<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260825401481r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260825401481\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260825401481\/en\/<\/a><\/span><\/p>\n<p><b>For further information, please contact:<br \/>\n<\/b><br \/>Kristian S\u00f8rensen, CEO<br \/>\n<br \/>Samantha Xu, CFO<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor.relations@bwlpg.com\">investor.relations@bwlpg.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Singapore India Southeast Asia Asia Pacific<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Maritime Other Energy Transport Logistics\/Supply Chain Management Oil\/Gas Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260825401481\/en\/2118887\/3\/BW_LPG_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BW LPG Limited Announces Sale of BW Birch SINGAPORE&#8211;(BUSINESS WIRE)&#8211; BW LPG Limited (\u201cBW LPG\u201d or the \u201cCompany\u201d, OSE ticker code: \u201cBWLPG.OL\u201d, NYSE ticker code: \u201cBWLP\u201d) is pleased to announce that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2007-built BW Birch for continued trading. On a 100% basis, the sale of BW Birch is expected to generate a net book gain of approximately US$37 million and net cash proceeds of around US$64 million. The vessel is currently trading under a time charter agreement and is scheduled for delivery to the buyer by mid-November at the latest. Kristian S\u00f8rensen, CEO of BW LPG, says \u201cThis transaction, at a value equivalent to a newbuilding price &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-announces-sale-of-bw-birch\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BW LPG Limited Announces Sale of BW Birch&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-997883","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BW LPG Limited Announces Sale of BW Birch - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-announces-sale-of-bw-birch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BW LPG Limited Announces Sale of BW Birch - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BW LPG Limited Announces Sale of BW Birch SINGAPORE&#8211;(BUSINESS WIRE)&#8211; BW LPG Limited (\u201cBW LPG\u201d or the \u201cCompany\u201d, OSE ticker code: \u201cBWLPG.OL\u201d, NYSE ticker code: \u201cBWLP\u201d) is pleased to announce that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2007-built BW Birch for continued trading. On a 100% basis, the sale of BW Birch is expected to generate a net book gain of approximately US$37 million and net cash proceeds of around US$64 million. The vessel is currently trading under a time charter agreement and is scheduled for delivery to the buyer by mid-November at the latest. Kristian S\u00f8rensen, CEO of BW LPG, says \u201cThis transaction, at a value equivalent to a newbuilding price &hellip; Continue reading &quot;BW LPG Limited Announces Sale of BW Birch&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-announces-sale-of-bw-birch\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-25T13:50:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260825401481r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-lpg-limited-announces-sale-of-bw-birch\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-lpg-limited-announces-sale-of-bw-birch\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BW LPG Limited Announces Sale of BW Birch\",\"datePublished\":\"2026-08-25T13:50:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-lpg-limited-announces-sale-of-bw-birch\\\/\"},\"wordCount\":379,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-lpg-limited-announces-sale-of-bw-birch\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260825401481r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-lpg-limited-announces-sale-of-bw-birch\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-lpg-limited-announces-sale-of-bw-birch\\\/\",\"name\":\"BW LPG Limited Announces Sale of BW Birch - 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