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BW LPG's deficit grew in the first quarter

Gas shipping company BW LPG saw its deficit grow in the first months of the year. The shipping company expects better rates, but one trend in particular could work against further growth.

Photo: BW LPG

BW LPG's deficit grew in the first quarter.

The gas shipping company, part of the BW Group, was hit by weaker rates on gas transports, while rising voyage costs and higher deprecations weighed down the results.

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