In early trading on Tuesday, shares of BW LPG Company (BWLP), the world's largest liquefied petroleum gas ship owner and operator, declined 1.45%. The company announced the sale of its 2008-built BW Lord liquefied petroleum gas carrier, realizing a net book gain of $25 million.
This divestiture is part of BW LPG's fleet modernization strategy, which will strengthen its position as a leading operator of Very Large Gas Carriers in India.
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