BWLP 6-K
BW LPG Ltd (BWLP)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2026.
Commission File Number: 001-42008
BW LPG Limited
(Translation of registrant’s name into English)
c/o BW LPG Holding Pte Ltd
10 Pasir Panjang Road,
#17-02 Mapletree Business City, Singapore
117438
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
DOCUMENTS TO BE FURNISHED AS PART OF THIS FORM 6-K
| Exhibit Number |
Exhibit Description | |
| 99.1 | Press release of BW LPG Limited dated April 16, 2026 – Update on BW LPG’s Product Services Q1 2026 Segment Performance |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BW LPG Limited | ||
| By: | /s/ Samantha Xu | |
| Name: | Samantha Xu | |
| Title: | Chief Financial Officer | |
Date: April 16, 2026
2
Exhibit 99.1
BW LPG Limited – Update on BW LPG’s Product Services Q1 2026 Segment Performance
Singapore, 16 April 2026
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”) Q1 2026 segment performance.
For the quarter ended 31 March 2026, BW Product Services achieved a gross profit of approximately USD 127 million. This gross profit comprises of a positive unrealised mark-to-market change of USD 137 million from our open cargo contracts and hedging transactions, offset by a realised trading loss of USD 10 million from our portfolio of cargo, freight and hedging transactions.
After general and administrative expenses and income taxes, BW Product Services reported a net profit of approximately USD 98 million for the quarter.
The average Value-At-Risk (VAR) for the quarter was approximately USD 6 million.
BW LPG will release its Q1 2026 financial report on 2 June 2026.
Says Kristian Sørensen, Chief Executive Officer, “In a period of significant market volatility, I am very pleased with BW Product Services’ portfolio performance and risk management. The first quarter results were strongly influenced by the US/Israel-Iran conflict, as reduced export volumes from the Middle East increased the value of BW Product Services’ US cargoes. Although the realised trading results showed a loss due to hedging activities and portfolio timing effects, we expect the unrealised mark-to-market gains to be gradually realised as physical cargo deliveries take place over the coming quarters.
As previously mentioned, it is important to note that the high accounting profit does not represent an immediate uplift to the Company’s dividend capacity, as it primarily reflects the mark-to-market valuation of unrealised positions.”
For further information, please contact:
Kristian Sørensen
Chief Executive Officer
Samantha Xu
Chief Financial Officer
E-mail: [email protected]
About BW LPG
BW LPG is the world’s leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers (VLGCs), including 22 vessels powered by LPG dual-fuel propulsion technology. Building on over five decades of LPG shipping experience, the company is strengthened by an in-house LPG trading division and the commercial expertise to explore investments in value chain assets. Together, these capabilities enable BW LPG to provide trusted and reliable services for sourcing and delivering LPG to customers worldwide. Delivering energy for a better world – more information about BW LPG can be found at www.bwlpg.com.
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil &
gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 400 vessels transporting
oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space,
the group has investments in solar, wind, batteries, and water treatment.