Singapore's gas carrier owner BW LPG Limited has received the final two of four very large gas carriers (VLGCs) in its newbuilding program from South Korea's Shipbuilding and Marine Engineering (DSME).

The two vessels, BW Mindoro and BW Messina, feature 84,000cbm and each have a market value of approximately US$66.9m.

Following delivery, BW LPG said it concluded a sale and leaseback agreement for VLGC BW Messina.

The first two ships from the batch, BW Magellan and BW Malacca, joined the company's fleet in October 2016.