BW LPG and Global United Ship­ping to form JV in In­dia

Maritime Gateway - - Brief News -

BW LPG and Global United Ship­ping In­dia have agreed to set up a 50/50 joint ven­ture in In­dia.

The BW Global United LPG In­dia JV will own and op­er­ate gas car­ri­ers for the trans­porta­tion of LPG within In­dian wa­ters. BW LPG will sell two of its ves­sels, namely BW Boss and BW En­ergy, to the JV. BW LPG CEO Martin Ack­er­mann said: “The joint ven­ture will al­low BW LPG to cre­ate a strong base in In­dia, which is one of the world's largest LPG im­port mar­kets.

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