Singapore owner BW LPG has made a net book gain of $10m by selling a VLGC it owned for less than two weeks.

It did not reveal an exact price, but said the disposal of the 78,908-cbm BW Empress (built 2005) also generated $40m of liquidity.

The ship has been renamed Bashundhara LPG Warrior by its new owner, Bangladesh's Bashundhara Oil & Gas.