Avance Gas Holding Ltd: Closing the BW LPG transaction with final VLGC delivery
Hamilton, Bermuda. December 31, 2024 Avance Gas Holding Ltd ("Avance Gas" or "Company") (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet, consisting of twelve vessels, to BW LPG Ltd ("BW LPG" or "Buyer") for $1,050 million. Today, the Company completed the last delivery with the twelfth and final vessel, the 2023-built dual-fuel VLGC, Avance Avior, delivered to BW LPG prior year-end as agreed. In connection with delivery of Avance Avior, 2.141 milli