ShippingWatch

BW LPG delivers yet another large profit

BW LPG delivers another large profit for the second consecutive quarter. The gas ship operator has now earned almost USD 150 million in the first six months of 2020. But there are challenges ahead, says management.

Photo: PR/BW LPG

BW LPG reports a large profit for the second quarter of 2020, even though rates went down briefly at the start of the summer.

The gas tanker operator's bottom line shows a profit of USD 62.1 million against USD 26.5 million in the same period 2019.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DSV CEO on ocean freight: "Currently a flat market"

Despite significant revenue growth in its air and sea division, DSV saw "a flat market" for ocean freight in the third quarter. But CEO Jens Bjørn Andersen doesn't expect a setback in the market. "The goods must be freighted," he says.

Further reading

Related articles

Trial banner

Latest news

See all jobs