BW LPG Takes Delivery of Vessel BW Breeze From Avance Gas

BW LPG Limited, a leading global provider of maritime services, has recently taken delivery of the vessel BW Breeze from Avance Gas Holdings Ltd. This acquisition marks a significant milestone for BW LPG, as it expands its fleet and enhances its capacity to meet the growing demand for liquefied petroleum gas (LPG) transportation. The BW Breeze is a state-of-the-art Very Large Gas Carrier (VLGC) with a capacity of 84,000 cubic meters, making it one of the largest vessels in its class.

The addition of the BW Breeze to BW LPG's fleet allows the company to better serve its customers and capitalize on the increasing demand for LPG, particularly in the Asia-Pacific region. The vessel's advanced design and technology reduce fuel consumption and emissions, aligning with BW LPG's commitment to sustainability and environmental responsibility. Moreover, the acquisition demonstrates BW LPG's commitment to investing in its business and expanding its presence in the global LPG market, which is expected to grow at a CAGR of approximately 5% during the forecast period (2021-2026).

The BW Breeze is the latest addition to BW LPG's fleet, which now comprises 73 vessels, including 41 VLGCs and 32 small-scale LNG carriers. The company's extensive fleet and global network enable it to provide reliable and efficient LPG transportation services to its customers worldwide. BW LPG's strategic acquisition of the BW Breeze further solidifies its position as a leading global provider of maritime services and a key player in the LPG shipping market.