BW LPG still has plenty of interest in a VLGC that failed to sell in the first quarter.
The Singapore shipowner, an Oslo-listed spin-off of BW Group, said in its fourth quarter earnings that it had not been able to seal a final agreement to dispose of the 83,270-cbm BW Confidence (built 2006).
Brokers had pegged the price at $40m, against a VesselsValue assessment that put its worth at $41m.