BW LPG Limited

BW LPG Limited is a Singapore-based maritime company recognized as the world's leading owner and operator of Very Large Gas Carriers (VLGCs). The company's core business revolves around the safe and sustainable transportation of liquefied petroleum gas (LPG), primarily propane and butane, to global markets. Headquartered in Singapore, BW LPG aims to contribute to a cleaner energy future by facilitating the movement of these crucial energy resources.

The company operates through two main segments: Shipping and Product Services. The Shipping segment focuses on the maritime transportation of LPG under both time- and voyage-charter arrangements. The Product Services segment provides integrated LPG delivery services, including the wholesale and trade of LPG, and strategic investments in commercial enterprises along the LPG value chain. BW LPG manages a substantial fleet of approximately 50 to 54 VLGCs, with a significant portion equipped with LPG dual-fuel propulsion technology.

Under the leadership of CEO Kristian Sørensen, who assumed the role in October 2023, BW LPG maintains a strategic position within the LPG shipping sector, emphasizing operational efficiency, customer relationships, and global reach. The company's shares reached a new 52-week high in April 2026, following an analyst upgrade, reflecting strong market confidence driven by robust financial performance and increased quarterly dividends. BW LPG completed its redomiciliation from Bermuda to Singapore on July 1, 2024, and its Product Services segment reported a gross profit of approximately USD 127 million for the first quarter of 2026.