Our Business

At BW LPG, we deliver clean energy for a sustainable world. As the world's leading owner and operator of LPG carriers with four decades of operating experience, we champion competitive, sustainable solutions to secure enduring value for our society and stakeholders.

LPG – A Clean Energy Source

Liquefied petroleum gas (LPG) is the liquefied form of petroleum gases released during the extraction of crude oil and natural gas or during the refining of crude oil. LPG is a clean energy source relative to other fossil fuels and has numerous applications such as in residential and commercial heating, cooking, fuel for transportation and as a petrochemical and refinery feedstock. LPG is also used within industrial processes and the production of fertiliser, and are carried in specialist vessels of 15,000-84,000 cbm. These vessels transport cargo in a liquid form, under pressure or in a refrigerated state on global routes such as the Middle East to Southeast Asia and the Far East.

Much of global LPG supply is from countries that are distant from consuming regions. Approximately a quarter of LPG produced is exported by sea. The Arabian Gulf is the largest hub for LPG exports, and Asia is the world's largest importing hub for LPG.

bwlpg our history
bwlpg our history
bwlpg our history
LPG Value Chain

BW LPG is the leading owner/operator of Very Large Gas Carriers (VLGCs), which are particularly well suited to high-volume long distance upstream transportation of liquid petroleum gases (‘LPG ’). We also own Large Gas Carriers (LGCs) which are suitable for medium and transportation and can carry ammonia as well as LPG. Our touch points within the value chain typically include export terminals (linked to upstream pipelines and storage facilities) and import terminals (linked to downstream storage and transportation). These vessels are also used in large-scale maritime storage projects − often acting as floating terminals themselves. Our capabilities extend to smaller asset classes suitable to downstream transportation of LPG.

Diagram of LPG production processes
global presence
Our Strengths

We are the global leader in maritime LPG. Our key strengths differentiate us from others and enable us to operate across the value chain.

Flexible and Reliable Service

Having the world's largest fleet of LPG carriers gives us the capacity and flexibility to offer timely and reliable services anywhere in the world. Our vessels operate globally to cover all markets. Our scale, combined with our competence and experience, enables us to manage the logistics of Contracts of Affreightment (CoAs).

Strong Brand and Customer Relations

With more than 80 years in energy transportation and over 35 years in LPG transportation, BW LPG has a long-standing reputation as a leading provider of safe, reliable, and efficient LPG transportation solutions. This reputation provides an important advantage in building and maintaining strong relationships with leading oil and gas companies, and is reflected in the Group’s existing customer base in LPG.

Decades of Operating Experience

Our staff on shore and at sea are critical to the efficient, safe and reliable operation of our vessels. We have a large pool of experienced employees with extensive industry experience, and many are long-serving members of BW LPG. Access to experienced officers and crew, including extensive time in-company and time in-industry, is a major competitive advantage in a market where charterers not only value but require significant experience among senior crew.