BW LPG spinning gold on high time-charter rates
An unusually high level for the major VLGC vessels helped BW LPG more than double its result.
BY KATRINE GRØNVALD RAUN
The 2nd quarter 2014 hit the spot for gas carrier BW LPG, whose primary competition includes the two major fellow gas carriers Avance Gas and Dorian LPG. The carrier achieved a net profit after taxes of USD 72.4 million, which is more than a doubling compared to USD 32.6 million in the same period last year, according to the carrier's interim report.
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