BW LPG, the world’s largest owner of VLGCs, locked in two of its ships into term deals with a key Indian charterer

The Oslo-listed company signed one-year charters for the the 84,000-cbm BW Lord and BW Cedar (both built 2007) with India's Hindustan Petroleum.

The ships have scored a rate of $1.3m per month each, which equates to $31.2m in aggregate revenue.