BW LPG Limited (BWLP)

The company now

BW LPG said on 19 October 2026 that its trading division, Product Services, made a realised trading result of US$146 million in the third quarter 1. With a positive unrealised movement of US$18 million on open contracts, the gross trading result was about US$164 million and the estimated net profit about US$118 million 1.

Chief executive Kristian Sørensen said the division delivered a strong result despite geopolitical uncertainty and volatile LPG markets, and put the year-to-date realised trading result at about US$263 million 1. The full third-quarter results of the group are scheduled for 24 November 2026 1.

The second quarter showed how much that division can swing 3. It had a realised gain of US$127 million but reported a loss after tax of US$31 million, mainly from a non-cash movement on open positions 3. Group profit attributable to shareholders was US$120 million, or US$0.79 a share, and the board declared a dividend of US$0.95 per share 3.

On 20 October 2026 its 52%-owned BW LPG India agreed to sell the 2008-built BW Loyalty, a deal the company expects to bring a gain on disposal of about US$52 million on a 100% basis 2. In September it placed US$300 million of convertible bonds due 2031, partly to fund eight new Panamax gas carriers ordered from Hyundai Heavy Industries 87.

The company said spot earnings for very large gas carriers are expected to stay highly sensitive to geopolitical developments and disruptions to global trading patterns 3.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.