# EDGAR Filing Document

**Accession Number:** 0001649313
**File Stem:** 0001213900-25-064858
**Filing Date:** 2025-7
**Character Count:** 8982
**Document Hash:** 4f807da584a643a7fe63ecb7630c1aad
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-064858.hdr.sgml**: 20250717

**ACCESSION NUMBER**: 0001213900-25-064858

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250717

**FILED AS OF DATE**: 20250717

**DATE AS OF CHANGE**: 20250717

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BW LPG Ltd
- **CENTRAL INDEX KEY:** 0001649313
- **STANDARD INDUSTRIAL CLASSIFICATION:** TRANSPORTATION SERVICES [4700]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** U0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42008
- **FILM NUMBER:** 251128771

**BUSINESS ADDRESS:**
- **STREET 1:** 10 PASIR PANJANG ROAD
- **STREET 2:** #17-02
- **CITY:** MAPLETREE BUSINESS CITY
- **STATE:** U0
- **ZIP:** 117438
- **BUSINESS PHONE:** 65 6705 5588

**MAIL ADDRESS:**
- **STREET 1:** 10 PASIR PANJANG ROAD
- **STREET 2:** #17-02
- **CITY:** MAPLETREE BUSINESS CITY
- **STATE:** U0
- **ZIP:** 117438

**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 July, 2025.**

**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<br> Number** | **Exhibit Description** |
| 99.1 | [Press release of BW LPG Limited dated July 17, 2025 – Update on BW LPG's Product Services Q2 2025 Segment Performance](ea024926601ex99-1_bwlpg.htm) |
| 99.2 | [Press release of BW LPG Limited dated July 17, 2025 - BW LPG successfully closes two key financing facilities](ea024926601ex99-2_bwlpg.htm) |

---

**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** | **BW LPG Limited** |
| By: | /s/ Samantha Xu |
| Name: | Samantha Xu |
| Title: | Chief Financial Officer |

---

Date: July 17, 2025

## Exhibit 99.1

**Exhibit 99.1**

**BW LPG Limited - Update on BW LPG's Product Services Q2 2025 Segment Performance**

Singapore, 17 July 2025

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") Q2 2025 segment performance.

For the quarter ended 30 June 2025, BW Product Services achieved a realised gain of USD 5 million from our cargo and freight operations. After accounting for the unrealised mark-to-market change of positive USD 10 million from our open cargo contracts and hedging transactions, we ended the quarter with a gross trading result of approximately USD 15 million.

After general and administrative expenses and income taxes, BW Product Services reported an estimated result of approximately USD 5 million for the quarter.

The average Value-At-Risk (VAR) for the quarter was approximately USD 8 million.

BW LPG will release its Q2 2025 financial report on 26 August 2025.

Says Kristian Sørensen, Chief Executive Officer, "Amid ongoing macro uncertainties and market volatility driven by tariff developments, our Product Services team continued to perform well, delivering positive realised results that contribute to the dividend capacity. This reflects the team's disciplined approach and effective risk management in navigating a challenging quarter."

For further information, please contact:

Kristian Sørensen

Chief Executive Officer

Samantha Xu

Chief Financial Officer

E-mail: investor.relations@bwlpg.com

**About BW LPG**

BW LPG is the world's leading owner and operator of LPG vessels, owning and operating a fleet of more than 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity of over 4 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and investment in LPG downstream distribution, BW LPG offers an integrated, flexible, and reliable service to customers along the LPG value chain. Delivering energy for a better world - more information about BW LPG can be found at https://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 450 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.

## Exhibit 99.2

**Exhibit 99.2**

**BW LPG successfully closes two key financing facilities**

Singapore, 17 July 2025

BW LPG Limited ("BW LPG", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") has successfully closed two key financing facilities - a USD380 million Term Loan and Revolving Credit Facility, and a USD215 million Term Loan Facility. These facilities enable BW LPG to finance the finalised acquisition of Avance Gas fleet last year, refinance existing debt and support the fleet renewal of our Indian subsidiary as well as improve BW LPG's overall funding cost and liquidity profile.

The USD380 million Term Loan and Revolving Credit Facility, secured at a highly competitive margin, was supported by seven of our banking partners, with its proceeds used to finance vessels acquired from Avance Gas which was completed at the end of 2024. With the closing of this facility, BW LPG terminated its shareholder loan of USD250 million in June 2025 ahead of its expiry.

In parallel, BW LPG India has secured a USD215 million Term Loan Facility to refinance its existing debt and to support the acquisition of two modern VLGCs, BW Chinook and BW Pampero, from BW LPG as previously announced. This facility supports BW LPG India's continuous fleet renewal plan amid the sustained growth of India's LPG demand. BW LPG India, a subsidiary participated by Maas Capital Shipping and Global United Shipping, currently owns and operates India's largest fleet of VLGCs. Following the acquisition of these two VLGCs, BW LPG India will own nine VLGCs.

The USD215 million Term Loan was finalised with a significantly improved margin compared to the previous facility. It received strong backing from our five banking partners lending through their branches in Gujarat International Finance Tec-City (GIFT), India, enabling an overall financing costs reduction including benefit from withholding tax exemptions on interest payments.

"We are pleased to have successfully closed these key financing arrangements with enhanced terms and strong participation from both new and existing bank partners," says Kristian Sorensen, CEO of BW LPG. "This reaffirms the robust and ongoing support of our global banking network, and enhances our liquidity through dynamic markets ahead of us. We extend sincere gratitude to our partner banks across both facilities for their unwavering support to BW LPG."

The facilities drew support across ten banks including Citibank N.A., DBS Bank Ltd., Development Bank of Japan Inc., DNB Bank ASA, ING, Mizuho Bank, Ltd., MUFG Bank, Ltd., OCBC, Skandinaviska Enskilda Banken AB (publ) and Standard Chartered.

**For further information, please contact:**

Samantha Xu<br> Chief Financial Officer<br> investor.relations@bwlpg.com

**About BW LPG**

BW LPG is the world's leading owner and operator of LPG vessels, owning and operating a fleet of more than 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity of over 4 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and investment in LPG downstream distribution, BW LPG offers an integrated, flexible and reliable service to customers along the LPG value chain. Delivering energy for a better world – more information about BW LPG can be found at https://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 450 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.