Why invest in BW LPG

BW LPG Shipping Logo

LPG shipping company with presence in adjacent value chain

  • Operations throughout the LPG value chain with shipping as core
  • World’s leading owner and operator of VLGC vessels (over 40, of which  ~40% are dual-fuel technology powered)
  • Experienced in-house LPG trading division
  • Growing presence in LPG terminal infrastructure and distribution
BW LPG Markets

Dual-listed, returns focused with a proven dividends record

  • Listed in New York and Oslo with a market capitalisation of >$2B
  • Returns-focused with a proven track record through the cycles
  • Paid out more than 71% of earnings as dividend since IPO in 2013
  • Paid out 98% of earnings in 2023
Powerd By Logo

LPG as a cleaner energy source

  • Plays a crucial role in the energy transition, delivering cleaner-burning LPG to world markets
  • Invested more than $130 million to retrofit 15 VLGCs with LPG dual-fuel propulsion technology; a world pioneer
  • $11 million cost in savings over VLSFO in 2023
  • 28,800 Mt reduction in CO2 emissions in 2023
Leader Markets Logo

Leader in key LPG markets

  • Key participant in US LPG export story. Supports and facilitates US and Middle East LPG exports
  • India’s largest owner and operator of VLGC vessels, carries >20% of LPG into India
  • Growing investment in LPG downstream assets in India

Strong support from stakeholders

  • Heritage back to 1930s
  • 45+ years of LPG operating experience, with longstanding reputation as a reliable leader in global LPG transportation
  • Part of the BW Group with strong shareholders support, in-depth industry knowledge and capital track record

Latest Financial Results

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Investor relations

For further information, please contact:

Samantha Xu
Chief financial officer

Registrar information:
Dronning Eufemias gate 30
NO-0021 Oslo, Norway

Equiniti Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219


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