Earnings ·
BW LPG reported Q2 2026 profit attributable to equity holders of $120 million ($0.79 EPS), driven by strong shipping…
BWLPBW LPG Ltd
BW LPG reported Q2 2026 profit attributable to equity holders of $120 million ($0.79 EPS), driven by strong shipping performance with TCE income of $74,000 per available day and a realized trading gain of $127 million from Product Services. The company declared a cash dividend of $0.95 per share, representing 100% of Shipping NPAT for the quarter. Subsequent events include the sale of vessels BW Elm, BW Birch, and BW Levant, expected to generate net book gains totaling approximately $73 million and net cash proceeds of roughly $166 million. The firm also fixed a five-year time charter out for a dual-fuel retrofit vessel in the mid-high US$40,000s per day range. BW LPG operates as a leading owner and operator of Very Large Gas Carriers (VLGCs) transporting liquefied petroleum gas globally.