BW LPG to buy and sell cargoes

Going forward, gas tanker operator BW LPG will buy and sell cargoes directly to end users. "Whilst LPG shipping remains our core business, we aim to diversify our business offerings," says CEO Martin Ackermann.

Photo: BW LPG

BW LPG is entering the business of buying and selling liquefied petroleum gas rather than only handling tanker shipments.

The shipping company says in an update that it has launched a new business unit under the name Product Services.

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