BW LPG to Sell BW Cedar Vessel, Exercises Purchase Option for BW Kizoku

MT Newswires Live11-19

BW LPG (BWLP) said Tuesday its BW LPG India subsidiary has decided to sell its 2007-built vessel BW Cedar for $65 million as part of a planned fleet renewal.

The vessel will be delivered to the new owners in Q1 2025.

The company also exercised a purchase option for BW Kizoku, a 2019 Japan-built very large gas carrier, for $69.8 million. The vessel is expected to be delivered in January 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2484913553?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-19 17:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484913553","market":"nz","top_or_hot":-1,"title":"BW LPG to Sell BW Cedar Vessel, Exercises Purchase Option for BW Kizoku","media":"MT Newswires Live","content":"<html><body><p> BW LPG (BWLP) said Tuesday its BW LPG India subsidiary has decided to sell its 2007-built vessel BW Cedar for $65 million as part of a planned fleet renewal.</p><p>The vessel will be delivered to the new owners in Q1 2025.</p><p>The company also exercised a purchase option for BW Kizoku, a 2019 Japan-built very large gas carrier, for $69.8 million. The vessel is expected to be delivered in January 2025.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BW LPG to Sell BW Cedar Vessel, Exercises Purchase Option for BW Kizoku</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBW LPG to Sell BW Cedar Vessel, Exercises Purchase Option for BW Kizoku\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 17:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BW LPG (BWLP) said Tuesday its BW LPG India subsidiary has decided to sell its 2007-built vessel BW Cedar for $65 million as part of a planned fleet renewal.The vessel will be delivered to the new ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LPG","symbol_name":"Dorian LPG","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484913553","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484913553","pubTimestamp":1732010181,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"BW LPG  said Tuesday its BW LPG India subsidiary has decided to sell its 2007-built vessel BW Cedar for $65 million as part of a planned fleet renewal.The vessel will be delivered to the new owners in Q1 2025.The company also exercised a purchase option for BW Kizoku, a 2019 Japan-built very large gas carrier, for $69.8 million. The vessel is expected to be delivered in January 2025.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LPG":"Dorian LPG","BK4585":"ETF&股票定投概念","BWLP":"BW LPG LTD","BK4144":"石油与天然气的储存和运输","BK4588":"碎股","BK4080":"零售业房地产投资信托","CDR":"西连购物中心","BW":"Babcock & Wilcox Enterprises Inc","BK4182":"重型电气设备"},"translate_title":"BW LPG将出售BW Cedar船，行使BW Kizoku购买选择权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BW":1,"CDR":1,"LPG":1,"BWLP":0.9},"content_text":"BW LPG (BWLP) said Tuesday its BW LPG India subsidiary has decided to sell its 2007-built vessel BW Cedar for $65 million as part of a planned fleet renewal.The vessel will be delivered to the new owners in Q1 2025.The company also exercised a purchase option for BW Kizoku, a 2019 Japan-built very large gas carrier, for $69.8 million. The vessel is expected to be delivered in January 2025.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484913553"}