Elaine Ong steps down as CFO of BW LPG

(Singapore, 26 May 2023)

BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG.OL”) announces that Elaine Ong has decided to step down as CFO to pursue other interests, with effect from today. Iver Baatvik, Head of Corporate Development and Investor Relations, will act as interim CFO of BW LPG.

Anders Onarheim, BW LPG CEO, says: “On behalf of the Board of Directors and Management Team, I thank Elaine for her dedication and contributions over the past 12 years at BW Group and BW LPG, which includes the recent acquisition and integration of Vilma Oil and expansion of the LPG Product Services team. We wish her all the best in her future endeavors.”

For further information, please contact:

Anders Onarheim
Chief Executive Officer
E-mail: anders.onarheim@bwlpg.com

Lisa Lim
Head of Corporate Communications
Tel: +65 9732 9596
E-mail: lisa.lim@bwlpg.com

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, experienced employees and an in-house LPG trading division, BW LPG offers an integrated, flexible, and reliable service to customers. 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 490 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, biofuels and water treatment.