Welcome to our dedicated page for BW LPG news (Ticker: BWLP), a resource for investors and traders seeking the latest updates and insights on BW LPG stock.
BW LPG Limited (symbol: BWLP) is a leading company in the liquefied petroleum gas (LPG) shipping industry. The company leverages pioneering technology to power its vessels with cleaner-burning LPG, contributing significantly to environmental sustainability. BW LPG Limited is divided into two main segments: the shipping segment and the product services segment.
The shipping segment generates the majority of the company's revenue by transporting LPG to various global destinations. This segment utilizes advanced, eco-friendly vessels designed to minimize emissions, making BW LPG a forerunner in the green shipping movement.
The product services segment focuses on buying and selling LPG, delivering it efficiently to customers worldwide. This segment supports the company’s commitment to meeting the energy needs of diverse markets while ensuring safety and reliability.
BW LPG Limited is committed to continuous improvement through research and development (R&D). The company invests heavily in R&D to explore innovative solutions aimed at achieving a zero-carbon future. These efforts underscore BW LPG’s dedication to environmental stewardship and industry leadership.
Recent achievements include strategic partnerships and collaborations that enhance operational efficiency and expand market reach. The company’s robust financial condition allows it to pursue new projects and initiatives confidently. BW LPG Limited’s success is built on a foundation of operational excellence, forward-thinking strategies, and a commitment to sustainability.
Investors and stakeholders can stay informed about the latest performance, events, and developments related to BW LPG Limited by following the company’s news updates. This ensures they are always up-to-date with the company’s progress and market activities.
BW LPG announced that CEO Kristian Sørensen has purchased 1,000 shares at NOK 115 per share on December 19, 2024, bringing his total holdings to 6,000 shares. BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of Very Large Gas Carriers (VLGC) having a total carrying capacity exceeding 3 million CBM. The company is associated with BW Group, which controls over 450 vessels, including the world's largest gas fleet of 200 LNG and LPG ships.
BW LPG has taken delivery of the vessel BW Monsoon from Avance Gas on December 18, 2024, marking the 11th delivery out of 12 Very Large Gas Carriers (VLGCs) acquisition announced in August 2024. As part of the transaction, BW LPG issued 1,350,000 new shares to Avance Gas, bringing the total issued shares to 157,141,000, representing a total share capital of USD 582,934,798. Following this issuance, Avance Gas now holds 17,141,000 shares in BW LPG, equivalent to approximately 10.91% shareholding.
BW LPG has taken delivery of the vessel BW Breeze from Avance Gas, marking the 10th delivery out of 12 Very Large Gas Carriers (VLGCs) acquisition announced on August 15, 2024. As part of the transaction, BW LPG issued 1,350,000 new shares to Avance Gas, bringing the total issued shares to 155,791,000 with a share capital of USD 559,647,298. Following this issuance, Avance Gas now holds a 10.14% stake in BW LPG with 15,791,000 shares.
BW LPG, the world's leading LPG vessel owner and operator, manages VLGCs with over 3 million CBM total carrying capacity, offering integrated services across the LPG value chain through its shipping operations, trading division, and terminal infrastructure.
BW LPG has taken delivery of vessel BW Breeze from Avance Gas, marking the tenth delivery out of 12 modern Very Large Gas Carriers (VLGCs) acquisition announced on August 15, 2024. As part of the transaction, BW LPG issued 1,350,000 new shares to Avance Gas, bringing the total issued shares to 155,791,000 with a total share capital of USD 559,647,298. Following this issuance, Avance Gas now holds 15,791,000 shares in BW LPG, representing approximately 10.14% shareholding.
BW LPG is the world's leading owner and operator of LPG vessels, with a total carrying capacity exceeding 3 million CBM. The company offers integrated services across the LPG value chain, leveraging five decades of operating experience.
BW LPG has announced its financial calendar for 2024 and 2025. Key dates for 2024 include the Annual Report release on March 19, 2025, and the Q4 Quarterly Report on February 27, 2025. For 2025, important dates include the Half-yearly Report on August 26, Annual Report on December 2, Annual General Meeting on May 15, and Q1 Quarterly Report on May 20.
BW LPG has released a correction to its financial calendar. The company clarified that the December 2, 2025 release will be a Quarterly Report - Q3 instead of an Annual Report as previously stated.
The updated financial calendar includes the following key dates:
- Annual Report: March 19, 2025
- Q4 Report: February 27, 2025
- Half-yearly Report: August 26, 2025
- Q3 Report: December 2, 2025
- Annual General Meeting: May 15, 2025
- Q1 Report: May 20, 2025
BW LPG announced that its shares will trade ex-dividend on the Oslo Stock Exchange today and from December 12, 2024 on the New York Stock Exchange. The cash dividend for Q3 2024 amounts to US$ 0.42 per share. BW LPG is the world's leading owner and operator of LPG vessels, with a fleet capacity exceeding 3 million CBM. The company operates Very Large Gas Carriers (VLGC) and provides integrated services across the LPG value chain, including trading, terminal infrastructure, and distribution.
BW LPG has taken delivery of two Very Large Gas Carriers (VLGCs), BW Mistral and BW Polaris, from Avance Gas Holdings on December 10, 2024. This delivery is part of a larger acquisition of 12 modern VLGCs announced in August 2024, with nine vessels now delivered. As part of the transaction, BW LPG has issued 3,450,000 new shares to Avance Gas, bringing the total issued shares to 154,441,000, representing a total share capital of USD 536,359,798. Following this issuance, Avance Gas now holds a 9.35% stake in BW LPG with 14,441,000 shares.
BW LPG has taken delivery of the vessel BW Pampero from Avance Gas Holdings , marking the seventh delivery out of 12 Very Large Gas Carriers (VLGCs) acquisition announced in August 2024. As part of the transaction, BW LPG has issued 1,350,000 new shares to Avance Gas, bringing the total issued shares to 150,991,000 with a total share capital of USD 476,847,298. Following this issuance, Avance Gas now holds 10,991,000 shares in BW LPG, representing approximately 7.28% shareholding.
BW LPG has taken delivery of vessel BW Rigel from Avance Gas, marking the sixth delivery out of 12 modern Very Large Gas Carriers (VLGCs) acquisition announced in August 2024. As part of the transaction, BW LPG issued 2,141,000 new shares to Avance Gas, bringing the total issued shares to 149,641,000, with a total share capital of USD 453,559,798. Following this issuance, Avance Gas now holds a 6.44% shareholding in BW LPG with 9,641,000 shares.
BW LPG, as the world's leading owner and operator of LPG vessels, operates VLGCs with a total carrying capacity exceeding 3 million CBM, offering integrated services across the LPG value chain.
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