BW LPG provides estimates for the employment utilisation for Q1 2015
BW LPG Limited presents its estimates for utilisation of its vessels across contract types in Q1 2015, the company said in its press release.
BW LPG has seen strong deployment of vessels under COA contracts in the first quarter of 2015, including final liftings under existing CoAs as well as first liftings under the renewed CoAs, supporting strong utilisation levels during the period. CoA-fixed proportions are expected to reduce during the course of the year.
ABOUT BW LPG
BW LPG is the world's largest very large gas carrier (VLGC) owner and operator based on number of VLGCs and by LPG carrying capacity. BW LPG owns and operates 37 gas carriers with a total carrying capacity of close to 3 million cbm and a further 504,000 cbm of capacity on order in Korea. With 35 years of operating experience in LPG shipping and experienced seafarers and staff, BW LPG offers a flexible and reliable service to customers. BW LPG is associated with BW Group, one of the world's leading shipping groups. BW Group is involved in oil and gas transportation, floating gas infrastructure, environmental technologies and deep-water production.
