US and Oslo-listed BW LPG is closing in on new financing following a less profitable first quarter. The owner, controlled by ...

Singapore VLGC owner BW LPG has pulled out of a $10m investment to develop a new LPG terminal with Indian partners. The ...

BW LPG said the deal will be funded through the issuance of 19.28M new shares to Avance Gas and $585.4M in cash, with $368M intended to fund the repayment of the existing bank debt of 10 vessels.

Six of the 12 VLGCs are now delivered. BW LPG has today issued 2,141,000 new BW LPG shares to Avance Gas as part-consideration for the above vessel. Following the issuance of the new shares ...

Avance Gas Holding (AVACF) has released an update ... Avance Gas Holding has completed the sale of its VLGC fleet to BW LPG for $1,050 million, making it the second largest shareholder with ...

BW LPG on Thursday announced it has agreed to acquire 12 very large gas carriers (VLGC) from Avance Gas in a cash and stock deal valued at more than $1 billion. The deal will see Avance Gas sell ...

SINGAPORE/NEW YORK (Reuters) -The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives ...

Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter Avance Gas Holding has delivered its fourth VLGC vessel, Passat, to BW LPG, receiving 1.35 million shares ...