BW LPG earned less money in this year's weakest quarter

BW LPG's bottom line is down almost 80 percent in the third quarter, in which the BW-owned company saw weaker TCE rates. The company deems the past quarter the weakest this year.

Photo: PR / BW LPG

The latest quarter also proved the weakest this year for BW LPG, which shaves 79 percent off its profits compared to the same period last year.

More specifically, the LPG carrier's profit comes to USD 24.6 million against USD 117.2 million in the same quarter the year prior.

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