THE TIME IS RIGHT

摘要

BW EPIC KOSAN (BWEK) was formed this past March on the merger of the Epic Gas and Lauritzen Kosan LPG tanker operations; the new company, in which BW Group has the largest shareholding, is easily the largest operator in the field of fully pressurised gas tankers and also operates a number of small semi-refrigerated ships, many of which can carry ethylene. Reported on a pro forma basis, the enlarged company reported revenues of $59.8m for the first quarter 2021, up 25 per cent year-on-year, with underlying profit of $8.7m compared to $2.3m in first quarter 2020. EBITDA grew strongly too, rising by 42 per cent to $21.1 m.