<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:
"Times New Roman",serif">BW LNG has significantly bolstered its future fleet by
exercising options for <b>two additional next-generation LNG carriers</b> from
South Korean shipbuilder <b>HD Hyundai Samho</b>. This repeat order follows an
initial contract signed in late 2025, bringing the total number of sister
vessels in this series to four.<o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">Cutting-Edge Design & Technology<o:p></o:p></span></b></p>
<ul style="margin-top:0cm" type="disc">
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Industry-First
"Three-Tank" Design</span></b><span style="font-size:14.0pt;
line-height:115%;font-family:"Times New Roman",serif">: The vessels will
feature a pioneering large-scale three-tank configuration (developed with
GTT and HD Hyundai). This design maximizes cargo capacity and reduces
"boil-off" rates while maintaining high operational flexibility.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Advanced
Propulsion</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: The ships will be equipped with <b>XDF
2.2 engines</b> featuring Variable Compression Ratio (VCR) technology,
shaft generators, and a full reliquefaction system.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Efficiency
Benchmark</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: These features are engineered to
achieve some of the lowest fuel consumption and emission levels in the
global LNG shipping industry.<o:p></o:p></span></li>
</ul>
<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">Timeline & Strategic Vision<o:p></o:p></span></b></p>
<ul style="margin-top:0cm" type="disc">
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Delivery
Schedule</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: These two latest vessels are slated
for delivery in the <b>second and third quarters of 2029</b>. (The first
two vessels from the 2025 order are expected in late 2028).<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">Fleet
Modernization</span></b><span style="font-size:14.0pt;line-height:115%;
font-family:"Times New Roman",serif">: The expansion underlines BW LNG’s
commitment to a lower-carbon future, ensuring they have the technical
infrastructure to meet the evolving global demand for safe and sustainable
energy transportation.<o:p></o:p></span></li>
<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:"Times New Roman",serif">South
Korean Shipbuilding Dominance</span></b><span style="font-size:14.0pt;
line-height:115%;font-family:"Times New Roman",serif">: The deal further
cements the partnership between BW Group and HD Hyundai as a cornerstone
for high-value maritime innovation.<o:p></o:p></span></li>
</ul>