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Recent Updates — BWLP

September 8, 2026View Source ↗

BW LPG Limited announced that its shares will trade ex-dividend on the Oslo Stock Exchange starting September 7, 2026, and on the New York Stock Exchange from September 8, 2026. This follows a prior press release regarding the cash dividend for Q2 2026. The dividend is set at NOK 8.8914 per share for shareholders receiving payments in Norwegian Krone and US$ 0.95 per share for those receiving payments in U.S. Dollars. BW LPG operates as a leading owner and operator of liquefied petroleum gas (LPG) vessels, managing a fleet of Very Large Gas Carriers and Large Gas Carriers while providing global LPG sourcing and delivery services.

September 2, 2026View Source ↗

BW LPG Limited successfully placed a USD 300 million offering of senior unsecured convertible bonds due in September 2031. The bonds carry a fixed coupon of 2.25% per annum, payable semi-annually, with an initial conversion price of USD 30.4870 per share. Net proceeds will partly finance the newbuild program for eight Panamax VLGCs with Hyundai Heavy Industries and fund general corporate purposes. The company also disclosed a cash dividend of USD 0.95 per share payable around September 16, 2026, with an ex-dividend date of September 7, 2026. BW LPG is the world’s leading owner and operator of LPG vessels.

September 1, 2026View Source ↗

BW LPG Limited announced the launch of a senior unsecured convertible bond offering with an aggregate principal amount of approximately USD 300 million due in 2031. The bonds carry interest rates between 2.00% and 2.50% per annum, payable semi-annually, and are convertible into new shares at a premium of 35% to 40% above the share reference price. Net proceeds will partly finance the construction of eight Panamax VLGCs with Hyundai Heavy Industries and support general corporate purposes. The offering includes a concurrent delta placement for hedging purposes, with settlement expected on September 9, 2026. BW LPG is the world’s leading owner and operator of LPG vessels.

August 28, 2026View Source ↗

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.

August 25, 2026View Source ↗

BW LPG Limited announced that its 52%-owned subsidiary, BW LPG India, entered an agreement to sell the 2007-built VLGC BW Birch for continued trading. The transaction is expected to generate a net book gain of approximately US$37 million and net cash proceeds of around US$64 million on a 100% basis. Delivery to the buyer is scheduled by mid-November at the latest, with the sale value equivalent to a newbuilding price of approximately US$248 million. This transaction reflects the company's continued execution of its fleet renewal programme and capitalization on strong second-hand market values, following the recent sale of BW Elm. BW LPG operates as the world’s leading owner and operator of Very Large Gas Carriers (VLGCs) for liquefied petroleum gas transportation.