Singapore's gas carrier owner BW LPG has further expanded its fleet as it took delivery of the first of four Very Large Gas Carriers (VLGCs) in its newbuilding program from Daewoo Shipbuilding and Marine Engineering (DSME).
Named BW Magellan, the new VLGC measures a length of 226 meters and a width of 36.6 meters.
With a capacity of 84,000 m3, the 51,600 dwt ship has a market value of US$66.2m, according to data provided by VesselsValue.
With the latest addition, BW LPG owns and operates a fleet of 42 vessels with a total carrying capacity of over 3.1 million cbm.
The fleet comprises 37 VLGCs and five owned LGCs.
What's more, the company has five VLGC newbuildings under construction.