BW Group’s liquefied petroleum gas shipping unit BW LPG has established a product services division which will see the company providing full LPG delivery services.
“The Product Services division is part of BW LPG’s ambition to propose a low-risk and fully-integrated product delivery service to customers,” the company said in a statement.
BW will purchase LPG and offer it delivered on the basis of cost, insurance and freight, directly to the end user. The service is aimed at maximising the utilisation of its vessels, and will see it provide a full LPG delivery service, including product.
Martin Ackermann, CEO of BW LPG, commented: “The new product services division reflects BW LPG’s ambitions to provide existing and new customers with reliable, integrated LPG delivery services. Whilst LPG shipping remains our core business, we aim to diversify our business offerings, innovate to capture market opportunities, and maximize value for both customers and shareholders”.
