Tanker

BW LPG doubles profits in 2014

Gas carrier BW LPG can present a net result after taxes of USD 255.7 million for 2014,  twice as much as last year, and the carrier sees the positive development continue towards 2016.
- | Photo: BW Shipping
- | Photo: BW Shipping
BY DANIEL LOGAN BERG-MUNCH

The world's largest LPG carrier, BW LPG, had a strong 2014, driven in particular by higher VLGC rates as well as better fleet utilization.

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