BW LPG Poaches Ackermann

Mr. Martin Ackermann has been appointed as the Chief Executive Officer of BW LPG Limited.  Mr. Ackermann is currently the CEO of Evergas. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised, and BW LPG's current CEO, Mr. Nicholas Gleeson, will in due course return to his previous position as Chief Financial Officer of BW Group.

Martin Ackermann has been CEO of Evergas since 2008, where he has led the rejuvenation of the former Eitzen Gas fleet, including the development of eight ethane carriers on long-term contracts. Andreas Sohmen-Pao, Chairman of BW LPG, says: "We are very grateful to Nick for his sterling efforts taking BW LPG to the stock market and in the period thereafter, and are pleased to have his continued contributions as CFO of BW Group.  We are delighted to be welcoming Martin as CEO of BW LPG. As the world's largest LPG shipping company, we look forward to his leadership in developing the company's strong platform of assets and capabilities".