Welcome to our dedicated page for Bw Lpg SEC filings (Ticker: BWLP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
BW LPG Limited filings document the regulatory disclosures of a foreign private issuer whose business centers on VLGC ownership, LPG shipping and Product Services. Its Form 6-K reports furnish press releases, interim financial reports, earnings presentations, dividend notices, annual general meeting materials, nomination committee recommendations and primary-insider transaction forms.
The company's Form 20-F and integrated annual report provide audited consolidated financial statements, business and sustainability reporting, and annual disclosure for its shipping fleet, LPG trading activities, risk management and capital structure. Other filing references include registration statements on Form S-8 and Form F-3, along with governance and compensation disclosures related to LTIP 2022, share-option exercises and treasury-share transfers.
BW LPG Limited has completed the sale of its 8.50% equity stake in Confidence Petroleum India Limited, fully exiting as a shareholder. The company notes that this equity investment had its fair value changes recognised before the sale, so the divestment does not affect profit or loss or total equity.
The move follows BW LPG’s earlier decision to cease investment in infrastructure partnerships in India. BW LPG continues to focus on its core LPG shipping operations, where it owns and operates about 50 Very Large Gas Carriers, including over 20 vessels with LPG dual-fuel propulsion technology.
BW LPG Limited delivered a very strong Q1 2026, with net profit after tax of US$187.3 million, up sharply from US$66.6 million a year earlier. Profit attributable to equity holders was US$164.3 million, giving earnings per share of US$1.08 and an annualised return on equity of 38%.
Shipping TCE income reached US$197.7 million, translating to US$55,500 per available day with 92% fleet utilisation, supported by 53% time-charter coverage at US$48,200 per day. The Product Services segment swung to a gross profit of US$126.8 million from a loss, driven mainly by a positive unrealised mark-to-market change of US$136.8 million that more than offset a realised trading loss of US$10 million.
The Board declared a cash dividend of US$0.67 per share, equal to 100% of Q1 2026 Shipping NPAT plus US$0.11 per share from a prior capital return. Liquidity remained ample with US$618 million available and cash of US$273.1 million, while the net leverage ratio improved to 26.3%. For Q2 2026, about 85% of available days are fixed at roughly US$81,000 per day, and the company has ordered eight Panamax VLGC newbuilds for delivery from 2029 to Q2 2030 at an aggregate price of approximately US$940 million.
BW LPG Limited delivered a very strong Q1 2026, with net profit after tax of US$187.3 million, up sharply from US$66.6 million a year earlier. Profit attributable to equity holders was US$164.3 million, giving earnings per share of US$1.08 and an annualised return on equity of 38%.
Shipping TCE income reached US$197.7 million, translating to US$55,500 per available day with 92% fleet utilisation, supported by 53% time-charter coverage at US$48,200 per day. The Product Services segment swung to a gross profit of US$126.8 million from a loss, driven mainly by a positive unrealised mark-to-market change of US$136.8 million that more than offset a realised trading loss of US$10 million.
The Board declared a cash dividend of US$0.67 per share, equal to 100% of Q1 2026 Shipping NPAT plus US$0.11 per share from a prior capital return. Liquidity remained ample with US$618 million available and cash of US$273.1 million, while the net leverage ratio improved to 26.3%. For Q2 2026, about 85% of available days are fixed at roughly US$81,000 per day, and the company has ordered eight Panamax VLGC newbuilds for delivery from 2029 to Q2 2030 at an aggregate price of approximately US$940 million.
BW LPG Limited has signed a contract with Hyundai Heavy Industries to build eight 90’cbm Panamax Very Large Gas Carriers (VLGCs) for a total consideration of about US$940 million, subject to final technical specifications. The vessels are scheduled for sequential delivery from the start of 2029 until the second quarter of 2030, supporting the company’s ongoing fleet renewal program.
BW LPG describes these Panamax newbuildings as its most flexible design, aimed at enhancing commercial and operational flexibility. The company currently owns and operates a fleet of about 50 VLGCs, including over 20 vessels powered by LPG dual-fuel propulsion technology.
BW LPG Limited filed a Form 6-K highlighting two corporate governance updates. The company reports that its 2026 Annual General Meeting was held in Singapore on 28 May 2026 and that resolutions at the meeting were passed.
Separately, BW LPG has appointed Kevin James Mackay as a new member of the Board of Directors. He brings more than 35 years of leadership and management experience in the maritime and energy industries, including a decade as President and Chief Executive Officer of NYSE-listed Teekay Tankers Ltd.
BW LPG describes itself as the world’s leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers, including over 20 powered by LPG dual-fuel propulsion technology, supported by an in-house LPG trading division.
BW LPG Limited filed a Form 6-K highlighting two corporate governance updates. The company reports that its 2026 Annual General Meeting was held in Singapore on 28 May 2026 and that resolutions at the meeting were passed.
Separately, BW LPG has appointed Kevin James Mackay as a new member of the Board of Directors. He brings more than 35 years of leadership and management experience in the maritime and energy industries, including a decade as President and Chief Executive Officer of NYSE-listed Teekay Tankers Ltd.
BW LPG describes itself as the world’s leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers, including over 20 powered by LPG dual-fuel propulsion technology, supported by an in-house LPG trading division.
BW LPG Limited plans to release its Q1 2026 financial report on Tuesday, 2 June 2026 at approximately 07:00 CEST, 01:00 EDT and 13:00 SGT. On the same day, CEO Kristian Sørensen and CFO Samantha Xu will host a live Zoom earnings presentation at 14:00 CEST, 08:00 EDT and 20:00 SGT. Investors can register via the provided Zoom link, and a recording will later be available on the company’s website. BW LPG highlights its position as a leading owner and operator of about 50 Very Large Gas Carriers, including over 20 LPG dual-fuel vessels, supported by an in-house LPG trading division.
BW LPG Limited reports that Folketrygdfondet beneficially owns 9,483,691 ordinary shares, equal to 6.3% of the class. The filing states shares outstanding were 151,342,653 as of December 31, 2025, a figure cited to the issuer's Form 6-K. The disclosure lists sole voting and dispositive power over the reported shares.
BW LPG Limited is convening its 2026 Annual General Meeting on 28 May 2026 at 11:30 a.m. in Singapore. Shareholders will vote on adopting the 2025 audited financial statements, re-electing five directors, appointing Kevin James Mackay to the board and re-appointing Andreas Sohmen-Pao as Chairman.
The agenda includes approving director and committee fees, re-appointing KPMG LLP as auditor, a Share Buy-Back Mandate allowing repurchases of up to 10% of issued ordinary shares, and a Share Issue Mandate permitting issuance of up to 20% of issued shares. The Nomination Committee recommends all board proposals and outlines proxy procedures for shareholders on Oslo, U.S. and street-name registers.
BW LPG Limited has published its Directors’ Statement, audited financial statements for the year ended 31 December 2025, and the auditor’s report. These documents are prepared under the Singapore Companies Act 1967, Singapore Financial Reporting Standards (International) and IFRS Accounting Standards and will be presented for adoption at the Annual General Meeting on 28 May 2026.
The company directs investors to its website for full details and notes that it operates a fleet of about 50 Very Large Gas Carriers, including 22 LPG dual-fuel vessels, supported by an in-house LPG trading division and associated value chain investments.
BW LPG Limited reported strong Q1 2026 performance in its Product Services segment. For the quarter ended 31 March 2026, BW Product Services generated gross profit of approximately USD 127 million, driven by a positive unrealised mark-to-market change of USD 137 million on open cargo and hedging positions, partly offset by a realised trading loss of USD 10 million.
After general and administrative expenses and income taxes, the segment delivered net profit of about USD 98 million, with an average Value-At-Risk of roughly USD 6 million, highlighting active risk management during a volatile period influenced by the US/Israel-Iran conflict.
BW LPG Limited amendment discloses beneficial ownership by three related entities. Hemen Holding Limited, Greenwich Holdings Limited and C.K. Limited each report shared ownership of 12,093,378 ordinary shares, representing 7.99% of the class. The filing cites 151,342,653 ordinary shares outstanding as of December 31, 2025. The disclosure states C.K. Limited is trustee of two trusts that indirectly hold the shares of the other two entities and includes a settlor/beneficiary disclaimer regarding Mr. Fredriksen.