Commercial Performance

Achieved VLGC TCE Earnings higher than the Baltic spot index in 2017

We generated a VLGC TCE of US$18,600 per day, outperforming the Baltic Index by 37.8%. This was achieved mainly due to our data-driven approach to cargo pricing and commercial decision-making.

TCE INCOME

US$335.4 million

TOTAL CONTRACTS
COVERAGE FOR THE YEAR

31%

VLGC TCE

US$18,600/day

FLEET UTILISATION

87%

2017 in Six Graphs

Overview of 2017 market performance across price, supply, demand and import growth.

Capturing Future Growth in India through a Strategic Partnership

BW LPG enters into India LPG market through a joint venture.

Market Outlook 2018

Looking beyond 2017, BW LPG looks into the forecast of production, consumption growth and other key industry trends in 2018.

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