BW LPG has reported record profits and cash flow for the first half of 2026, driven by a strong shipping performance, according to a report published by reports on 28 August 2026.
The company said profit attributable to equity holders for the second quarter of 2026 reached US$120 million, equivalent to earnings per share of US$0.79, the report stated. Management attributed the result primarily to shipping operations, which the company described as unusually robust in the period.
Quarter results
The Q2 profit figure sits at the centre of the headline claim of record first‑half performance and underscores the scale of earnings delivered in the spring and early summer months. The company’s disclosure of an EPS of US$0.79 gives investors a per‑share measure of that quarterly return.
Commercial metrics
On a commercial basis the company reported time‑charter equivalent income for the quarter at US$74,000 per available day and US$71,600 per calendar day. Those TCE figures were presented after citing negative effects related to IFRS 15 and FFA, according to the report.
The published TCEs indicate that day‑rates and utilisation combined to produce elevated revenue per vessel day in the period, and the company flagged shipping performance as the principal contributor to the quarter’s earnings.
Accounting and market notes
reports’ item noted that accounting standards and financial instruments had an influence on the presentation of results, referencing IFRS 15 and FFA-related negatives in the TCE disclosure. The report did not provide further numeric detail on those accounting items.
Taken together, the second‑quarter profit and the reported TCE metrics form the basis of BW LPG’s assertion of record profits and cash flow across the first half of 2026. The company’s figures for the quarter supplied the bulk of the information in the published account.
reports’s coverage of the announcement is the source of these figures and the summary of commercial performance. The report carries a date of 28 August 2026 and focuses on the Q2 outcomes that underpin the half‑year assessment.
Investors and market observers will be watching for full half‑year statements and any additional detail the company might publish to reconcile operational performance with the accounting adjustments cited. For now, the disclosed Q2 profit and the stated TCE levels supply the principal facts behind BW LPG’s claim of record H1 results.