BW LPG is seeking a major consolidation of the sector through a $1.1bn all-stock merger with Dorian LPG.

BW LPG Limited has signed contracts for four new VLGCs at Daewoo Shipbuilding and Marine Engineering (DSME) dropped by another owner.

BW LPG has exercised options for two VLGC newbuildings at Hyundai Heavy Industries (HHI).

BW LPG has options for two more VLGCs at Hyundai Heavy Industries (HHI) after it confirms advanced delivery of two earlier tankers it ordered at the South Korean yard.

BW LPG raised NOK47 per share for a total of NOK 1.7bn ($277m) in its initial public offering of 36.2m shares.