UK's Mars Capital in talks to invest $50-M for minority stake in BW LPG India

British mortgage company Mars Capital Finance Ltd is in talks with BW LPG Ltd to invest about USD 50 million for a minority stake in its Indian subsidiary BW LPG India Pvt Ltd. Oslo Stock Exchange listed, and Singapore-headquartered BW LPG is the world's top owner and operator of liquefied petroleum gas (LPG) vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million cubic metres (CBM). Chennai-based BW LPG India Pvt Ltd is the largest owner and operator of India-flagged VLGCs with a fleet of seven ships and one more being inducted by the second quarter of calendar year 2022.