BW LPG

The Capital Link Shipping Webinar Series – LPG Shipping Sector featured industry leaders from BW LPG, Dorian LPG, and Navigator Gas discussing VLGC market trends, including supply and demand dynamics and US NGL production.

Rick Ackermann, Head of Procurement at BW LPG, discusses transforming procurement into a strategic business partner through digitalization, ESG integration, and supplier partnerships.

BW LPG optimizes its assets by retrofitting VLGCs with LPG propulsion technology, enabling 12 ships to run on cleaner-burning LPG fuel.

BW LPG delivers LPG to support low-carbon and sustainable economies, highlighting its contributions through a documentary featuring CEO Kristian Sørensen.

BW LPG is the world’s leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers (VLGCs), including 20 vessels powered by LPG dual-fuel propulsion technology.

BW LPG India sells its 2008-built very large gas carrier (VLGC), the *BW Loyalty*, for over $80 million. The transaction reflects a $52 million profit on the vessel. The company finalizes the sale to an undisclosed buyer, marking a significant asset divestment in its fleet.

Oct 2026Baird MaritimeNews article

BW LPG sells its 2007-built vessel *BW Elm* as part of a fleet optimization strategy. The company secures an order for eight 90,000 cubic meter VLGCs from a $940 million investment, with deliveries scheduled from 2029. This move aligns with expanding liquefied gas transport capacity amid growing demand.

Jul 2026Seatrade MaritimeNews article

BW LPG secures eight panamax very large gas carrier (VLGC) newbuildings from Hyundai Heavy Industries through a $940 million contract. The Singapore-based LPG owner expands its fleet with these vessels, targeting growth in the liquefied petroleum gas shipping sector. The deal underscores demand for specialized gas carriers amid evolving energy transport needs.

Jun 2026Shipping TelegraphNews article

BW LPG secures a $940 million contract to build eight VLGC (Very Large Gas Carrier) panamax vessels with South Korea’s HD Hyundai Heavy Industries. The deal marks the company’s return to the newbuilding market, expanding its fleet capacity. The vessels will be constructed under a single order, reflecting strong demand for liquefied petroleum gas (LPG) transport.

Jun 2026Splash247News article