Arcadia Shipping & Trading has been widely named by brokers in the gas sector as the buyer of one of BW LPG's older VLGCs that was recently reported sold.

TradeWinds first broke news of the sale of the 84,000-cbm BW Liberty (built 2007) for $46m on 18 June.

The deal highlights the opportunities in the gas sector that have been created for Indonesian shipowners by the country’s ongoing push to switch to LPG for domestic heating use.