Analysts have been caught out somewhat by the strong sale price achieved by BW LPG for a 2005-built VLGC.
The 78,908-cbm BW Empress (built 2005) went to Bashundhara Oil & Gas in Bangladesh for about $40m, the company revealed earlier this month.
BW LPG made a book gain of $10m from the vessel it acquired from Ocean Trust of Japan just 12 days earlier.
