BW LPG Ltd 2022 IR
The report highlights BW LPG's strong performance in 2022, delivering a net profit of US$239 million and achieving a record low net leverage of 24%. The company completed its pioneering project to retrofit 15 Very Large Gas Carriers (VLGCs) with LPG dual-fuel propulsion technology, which saved approximately 27,000 metric tons of carbon emissions during the year. Additionally, BW LPG expanded its presence in India and grew its Product Services Division through the acquisition of Vilma Oil's LPG trading operations. The company also maintained an excellent safety record, reporting zero lost time injuries across its operations.
Company: BW LPG Ltd
Sector: Energy
Country: Singapore
Year: 2022
Type: IR
Pages: 205
BW LPG Ltd
Integrated Annual Report
The report highlights BW LPG's strong performance in 2022, delivering a net profit of US$239 million and achieving a record low net leverage of 24%. The company completed its pioneering project to retrofit 15 Very Large Gas Carriers (VLGCs) with LPG dual-fuel propulsion technology, which saved approximately 27,000 metric tons of carbon emissions during the year. Additionally, BW LPG expanded its presence in India and grew its Product Services Division through the acquisition of Vilma Oil's LPG trading operations. The company also maintained an excellent safety record, reporting zero lost time injuries across its operations.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available