Ship owner and operator BW LPG has announced that it has taken delivery of 'BW Gemini', the third Very Large Gas Carrier (VLGC) in its newbuilding program of eight VLGCs.
The 'BW Gemini' is part financed by the US$400 million loan facility agreement signed in February with KEXIM, DNB and SEB, as lending banks. At 84,000 cubic metres, the vessel is optimised for loading out of the US terminals.
Including the 'BW Gemini', the company now owns and operates a fleet of 38 vessels on the water, comprising 22 owned VLGCs, 11 chartered-in VLGCs and five owned LGCs.
BW LPG is the world's largest Very Large Gas Carrier (VLGC) owner and operator, by number of VLGCs and by LPG carrying capacity.
BW LPG has five further newbuildings delivering through 2015 and 2016.