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BW Group plans to raise USD 300 million in Norway

The world's largest gas carrier, Singapore-based BW Group, plans to raise USD 300 million through a listing on the Oslo Stock Exchange. The money will be used for new investments in VLGCs.

Photo: PR/BW Group

The world's largest owner of VLGC ships, Singapore-based BW Group, becomes the third major VLGC company in six months to seek a listing on the Oslo Stock Exchange. Here, the carrier plans to raise as much as USD 300 million earmarked for growth in the LPG segment, where BW Group sees a great potential.

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