SC 13G - BW LPG Ltd (0001649313) (Subject)
SC 13G - BW LPG Ltd (0001649313) (Subject)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
6-K - BW LPG Ltd (0001649313) (Filer)
With reference to the stock exchange announcement on 15 August 2024 for the acquisition of 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd ("Avance Gas", OSE ticker code: "AGAS"), BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") has taken delivery of vessel BW Sirocco on 21 November 2024. Three of the 12 VLGCs are now delivered. BW LPG has today issued 1,350,000 new BW LPG shares to Avance Gas as part-consideration for the above vessel. Following the issuance of the new shares, the total number of issued shares of BW LPG is 144,800,000, representing a total share capital in the amount of USD 370,052,548. The new shares
With reference to the stock exchange announcement on 15 August 2024 for the acquisition of 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd ("Avance Gas", OSE ticker code: "AGAS"), BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") has taken delivery of vessel BW Capella on 20 November 2024. Two of the 12 VLGCs are now delivered. BW LPG has today issued 2,100,000 new BW LPG shares to Avance Gas as part-consideration for the above vessels. Following the issuance of the new shares, the total number of issued shares of BW LPG is 143,450,000, representing a total share capital in the amount of USD 346,765,048. The new shares
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") today announces the sale of 2007-built BW Cedar for further trading, and the exercise of a purchase option for 2019-built BW Kizoku. BW LPG is pleased to announce that its 52% owned subsidiary BW LPG India has decided to sell its 2007-built vessel BW Cedar as part of a planned fleet renewal. On a 100% basis, the sale is priced at approximately US$65 million and is expected to generate a net book gain of around US$33 million and about US$51 million in net cash after repayment of its existing bank loan. The vessel will be delivered to the new owners in Q1 2025. In addition, BW LPG has declared
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") will release its Q3 2024 Financial Report at approximately 0700hrs CET/ 0100hrs EST on 2 December 2024. In connection with this release, BW LPG will hold an Earnings Presentation with Kristian Sørensen (CEO) and Samantha Xu (CFO). The details are as follows: Date: Monday, 2 December 2024 Location and Time Oslo, Norway (14:00 CET) New York, USA (08:00 EST) Singapore, Singapore (21:00 SGT) The financial results presentation will be held live via Zoom. Please register in advance at the link below: https://bit.ly/BWLPGQ32024EP A confirmation email will be sent, with information on how to
With reference to the stock exchange announcement on 15 August 2024 for the acquisition of 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd ("Avance Gas", OSE ticker code: "AGAS"), BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") has taken delivery of vessel BW Chinook on 1 November 2024. BW LPG has today issued 1,350,000 new BW LPG shares to Avance Gas as part-consideration for the above vessel. Following the issuance of the new shares, the total number of issued shares of BW LPG is 141,350,000, representing a total share capital in the amount of USD 310,540,048. The new shares have been legally and validly issued and a
With reference to the press release on 15 July 2024 for the accelerated vesting of options granted under "LTIP 2022", and press release on 30 August 2024 for the exercise of these options, a primary insider of BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") has sold shares in BW LPG in the market on 10 October 2024. The details on the sale of shares by the primary insider is as set out below: Knut-Helge Knutsen, Vice President and Head of Technical Total number of shares held following the option exercise on 29 August 2024: 24,840 Number of shares sold: 24,840 Average price sold at: NOK 166.4458 per share Number of shares held following the
BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") today provides an update on its Product Services' ("BW Product Services") Q3 2024 segment performance. For the quarter ended 30 September 2024, BW Product Services reported an estimated gross profit of approximately USD 71 million. This gross profit was mainly a result of USD 86 million of unrealised marked to market value of open cargo contracts and hedging transactions, realised trading gains of USD 16 million, offset by hedging loss of USD 31 million on the realised positions. The open cargo value is reflected in the overall trading book value and will be gradually revalued and realised in t
With reference to the press release dated 22 August 2024 by BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") on key information relating to the cash dividend for Q2 2024, the shares of the Company will be traded ex-dividend on the Oslo Stock Exchange from today and from 10 September 2024 on the New York Stock Exchange. About BW LPG BW LPG is the world's leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and a growing presence in LPG terminal infrastruct
With reference to the press release on 15 July 2024 for the accelerated vesting of options granted on 1 March 2022 under "LTIP 2022", on 29 August 2024, primary insiders of BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") have exercised these vested options and sold shares in BW LPG in the market. More details about the accelerated vesting of options can be found at: https://www.bwlpg.com/media/press-release/bw-lpg-limited-accelerated-vesting-of-ltip-2022-options/ The exercised options were settled by the Company by transfer of treasury shares. Following the transfer, the Company will hold 7,743,557 treasury shares. The exercise of vested
BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") provides the following key information relating to the Company's cash dividend for Q2 2024: The Board has approved a dividend of US$0.58 on 21 August 2024. Dividends payable to shares registered with Euronext VPS will be distributed in NOK, with the exchange rate made available on the day of payment. Record date: 10 September 2024 Shares registered with Euronext VPS Oslo Stock Exchange =============================== Last trading day including the right to receive this dividend: 6 September 2024 Ex-date: 9 September 2024 Dividend payment date: On or about 30 September 2024 Shares registe
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") will release its Q3 2024 Financial Report at approximately 0700hrs CET/ 0100hrs EST on 2 December 2024. In connection with this release, BW LPG will hold an Earnings Presentation with Kristian Sørensen (CEO) and Samantha Xu (CFO). The details are as follows: Date: Monday, 2 December 2024 Location and Time Oslo, Norway (14:00 CET) New York, USA (08:00 EST) Singapore, Singapore (21:00 SGT) The financial results presentation will be held live via Zoom. Please register in advance at the link below: https://bit.ly/BWLPGQ32024EP A confirmation email will be sent, with information on how to
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") will release its Q2 2024 Financial Report at approximately 0700hrs CET/ 0100hrs EDT on 22 August 2024. In connection with this release, BW LPG will hold an Earnings Presentation with Kristian Sørensen (CEO) and Samantha Xu (CFO). The details are as follows: Date: Thursday, 22 August 2024 Location and Time Oslo, Norway (14:00 CET/ UTC + 1 hours) New York, USA (08:00 EDT/ UTC – 5 hours) Singapore, Singapore (20:00 SGT/ UTC + 8 hours) The financial results presentation will be held live via Zoom. Please register in advance at the link below: https://bit.ly/BWLPGQ22024EP A confirmat
BW LPG limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") advises that the 2024 Annual General Meeting was held on 12 June 2024 at 17:00 (Bermuda time) at the registered office of the Company, Washington Mall Phase 2 4th Floor Suite 400, 22 Church Street, HM 1189, Hamilton HM EX, Bermuda. The following resolutions were passed: To determine that the number of Directors of the Company shall be up to eight. To re-elect the following Directors as set out below: - Mr. Andreas Sohmen-Pao - Ms. Anne Grethe Dalane - Ms. Sonali Chandmal - Mr. Andrew E. Wolff - Mr. Luc Gillet - Mr. Sanjiv Misra To re-appoint Mr. Andreas Sohmen-Pao to the office of Cha
With reference to the press release dated 16 May 2024, please note that the dial-in details for BW LPG Limited's ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") Q1 2024 Financial Results Presentation have changed. The details are as follows: Date: Thursday, 30 May 2024 Location Local Time Universal Time Oslo, Norway 13:00 CET UTC + 1 hours New York, USA 07:00 EDT UTC - 5 hours Singapore, Singapore 19:00 SGT UTC + 8 hours The financial results presentation will be held live via Zoom. Please register in advance at the link below: https://bit.ly/BWLPGQ12024EP A conf
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") today announces the sale of 2007-built BW Cedar for further trading, and the exercise of a purchase option for 2019-built BW Kizoku. BW LPG is pleased to announce that its 52% owned subsidiary BW LPG India has decided to sell its 2007-built vessel BW Cedar as part of a planned fleet renewal. On a 100% basis, the sale is priced at approximately US$65 million and is expected to generate a net book gain of around US$33 million and about US$51 million in net cash after repayment of its existing bank loan. The vessel will be delivered to the new owners in Q1 2025. In addition, BW LPG has declared
BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") today provides an update on its Product Services' ("BW Product Services") Q3 2024 segment performance. For the quarter ended 30 September 2024, BW Product Services reported an estimated gross profit of approximately USD 71 million. This gross profit was mainly a result of USD 86 million of unrealised marked to market value of open cargo contracts and hedging transactions, realised trading gains of USD 16 million, offset by hedging loss of USD 31 million on the realised positions. The open cargo value is reflected in the overall trading book value and will be gradually revalued and realised in t
With reference to the press release dated 22 August 2024 by BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") on key information relating to the cash dividend for Q2 2024, the shares of the Company will be traded ex-dividend on the Oslo Stock Exchange from today and from 10 September 2024 on the New York Stock Exchange. About BW LPG BW LPG is the world's leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and a growing presence in LPG terminal infrastruct
BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") provides the following key information relating to the Company's cash dividend for Q2 2024: The Board has approved a dividend of US$0.58 on 21 August 2024. Dividends payable to shares registered with Euronext VPS will be distributed in NOK, with the exchange rate made available on the day of payment. Record date: 10 September 2024 Shares registered with Euronext VPS Oslo Stock Exchange =============================== Last trading day including the right to receive this dividend: 6 September 2024 Ex-date: 9 September 2024 Dividend payment date: On or about 30 September 2024 Shares registe
BW LPG Limited ("BW LPG", the "Company", NYSE ticker code: "BWLP", OSE ticker code: "BWLPG.OL"): Highlights and Subsequent Events Another strong quarter for shipping with daily TCE of US$ 49,660 per available day and US$ 48,030 per calendar day. Generated NPAT of US$ 85 million or earnings per share of US$ 0.58. Declared a Q2 2024 cash dividend of US$ 0.58 per share amounting to US$ 76.4 million, representing 121% of Shipping NPAT and 100% of total earnings. For the third quarter of 2024, we have fixed ~86% at an average rate of ~US$ 43,000 per available day. BW Product Services generated a net accounting profit of US$ 15.7 million in Q2 after adjusting for G&A and tax provisi
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") will, in conjunction with the announcement made on 15 August 2024 regarding the acquisition of 12 modern VLGCs from Avance Gas, hold a conference call to discuss an Investor Presentation. The call will be hosted by Kristian Sørensen (CEO) and Samantha Xu (CFO). The details are as follows: Date: 15 August 2024, Thursday Location and Time: Oslo, Norway (15:00 CET/ UTC + 1 hours) New York, USA (09:00 EDT/ UTC – 5 hours) Singapore, Singapore (21:00 SGT/ UTC + 8 hours) The conference call will be held live via Zoom. Please register in advance at the link below: https://bit.ly/BWLPG_IPAug2024
In 2022, the Board of Directors of BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") established a long-term incentive plan (the "LTIP 2022") for the senior management and key employees of the Company. Details of LTIP 2022 can be found at: https://www.bwlpg.com/media/press-release/bw-lpg-management-share-option-plan-ltip-2022-award-of-share-options/ Following a three-year vesting period, the first tranche of share options granted on 1 March 2022 ("Share Options 2022") under LTIP 2022 is scheduled to vest on 1 March 2025. With the dividend-adjusted strike price now less than NOK 1, the Company's Board of Directors has decided to grant an accel
With reference to the press release dated 30 May 2024 by BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") on key information relating to the cash dividend for Q1 2024, the shares of the Company will be traded ex-dividend on the Oslo Stock Exchange from today and from 10 June 2024 on the New York Stock Exchange. About BW LPG BW LPG is the world's leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and a growing presence in LPG terminal infrastructure and
BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") provides the following key information relating to the Company's cash dividend for Q1 2024: Dividend amount: USD 1.00 per share. Dividends payable to shares registered with Euronext VPS will be distributed in NOK. Date of approval: 29 May 2024 Record date: 10 June 2024 Shares registered with Euronext VPS Oslo Stock Exchange Last trading day including the right to receive this dividend: 6 June 2024 Ex-date: 7 June 2024 Dividend payment date: On or about 28 June 2024 Shares registered with Depository Trust Company Last trading day including the right to receive this dividend: 7 June 2024
BW LPG Limited ("BW LPG", the "Company", NYSE ticker code: "BWLP", OSE ticker code: "BWLPG.OL"): Highlights and Subsequent Events - Strong quarterly performance with daily TCE of USD 61,500 per available day and USD 59,400 per calendar day. - Generated NPAT of USD 150 million or earnings per share of USD 1.07. Declared a Q1 cash dividend of USD 1.00 per share which represents 106% of earnings from the shipping activity and 93% of total earnings in the quarter. - For the second quarter of 2024, we have fixed 84% at an average rate of ~USD 49,000 per available day - BW Product Services generated a net accounting profit of USD 21 million in Q1 after adjusting for G&A and tax provisio
For the quarter ended 30 June 2024, BW Product Services reported an estimated gross profit of approximately USD 26 million. Gross profit represents the realised trading profit plus net derivative gains and losses from open cargo contracts and hedging transactions.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 10 points on Friday. Shares of Wells Fargo & Company (NYSE:WFC) fell sharply in today's pre-market trading after the company posted second-quarter results. Wells Fargo earned a net income of $4.91 billion, down 1% year over year in the second quarter of 2024. The company reported a GAAP EPS of $1.33, beating the consensus of $1.29. Revenue rose 1% to $20.69 billion, according to data from Benzinga Pro. Wells Fargo shares fell 5.7% to $56.76 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. NANO Nuclear Energy Inc. (NASDAQ:NNE) share
U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Thursday. Shares of Delta Air Lines, Inc. (NYSE:DAL) fell sharply in today's pre-market trading after the company posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook. Delta Air Lines reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro. Delta Air Lines shares fell 9% to $42.65 in the pre-market trading session. Here are some big stoc
Reference is made to the stock exchange announcement made by BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") on 21 June 2024 regarding the subsequent court hearing (the "Sanction Hearing") at which the Supreme Court of Bermuda (the "Court") sanctioned the scheme of arrangement (the "Scheme") between the Company and its shareholders pursuant to Section 99 of the Bermuda Companies Act 1981 as amended in order to effect a discontinuance of the Company from Bermuda and continuance to Singapore and adopt the constitution of the Company which will take effect upon continuance in Singapore (the "Redomiciliation"). The court order has been filed with
U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Monday. Shares of Perion Network Ltd. (NASDAQ:PERI) fell sharply in today's pre-market trading after the company lowered its revenue forecast. Perion Network slashed its second-quarter revenue forecast from $118 million – $122 million to $106 million – $108 million. The company lowered its FY24 revenue forecast from $590 million – $610 million to $490 million – $510 million. Perion Network shares dipped 21% to $9.74 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Skye Bioscience, Inc. (NASDAQ:SKYE) shares tumbled 45.2% to $6.00 in
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.5% on Monday. Shares of GSK plc (NYSE:GSK) fell sharply in today's pre-market trading after the company said it will appeal a ruling made by the Delaware State Court regarding its ongoing ranitidine litigation. GSK shares tumbled 9.2% to $40.66 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. The Boston Beer Company, Inc. (NYSE:SAM) shares fell 9.5% to $ 284.04 in pre-market trading. Boston Beer shares jumped around 22% on Friday following a report suggesting the company is in talks to sell itself to Suntory. Boston Beer later issued a state
U.S. stocks were lower, with the Dow Jones index falling around 1% on Thursday. Shares of HP Inc. (NYSE:HPQ) rose sharply during Thursday's session following better-than-expected second-quarter financial results. Net revenue declined 0.8% Y/Y to $12.8 billion, beating the consensus of $12.6 billion. Adjusted EPS rose 4% Y/Y to 82 cents, surpassing the street view of 81 cents, according to data from Benzinga Pro. HP shares climbed 12.5% to $36.94 on Thursday. Here are some other big stocks recording gains in today's session. Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 61% to $53.35. Foot Locker, Inc. (NYSE:FL) rose 25.9% to $28.35 following a first-quarter earn
Highlights and Subsequent Events - Strong quarterly performance with daily TCE of USD 61,500 per available day and USD 59,400 per calendar day. - Generated NPAT of USD 150 million or earnings per share of USD 1.07. Declared a Q1 cash dividend of USD 1.00 per share which represents 106% of earnings from the shipping activity and 93% of total earnings in the quarter.