BW LPG has concluded time-charter deals with Unique Shipping extending its charters for two VLGCs.

European gas brokers said the Oslo-listed shipowner chartered Unique's 82,000-cbm Berge Nantong (built 2006) for 12 more months and the Berge Ningbo (built 2006) for another 18 more months.

BW is now believed to be paying less than $1m per month for each ship. Company CEO Martin Ackermann said he cannot comment on specific business.