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    Eirik Haavaldsen

    Research Analyst at Pareto Securities

    Eirik Haavaldsen is Head of Research at Pareto Securities, specializing in equity analysis within the marine shipping and oil & gas midstream sectors. He covers major companies such as Höegh Autoliners, providing investment ratings and market insights. Across his analyst career, Haavaldsen has issued 12 ratings with a 40% success rate and an average return of -13.92%, ranking 3,768 out of 4,768 analysts according to recent performance data. His professional experience is anchored at Pareto Securities in executive research leadership, and while specific licensing credentials or prior firm history are not publicly disclosed, his role places him among senior management in one of Scandinavia’s leading investment banks.

    Eirik Haavaldsen's questions to BW LPG (BWLP) leadership

    Eirik Haavaldsen's questions to BW LPG (BWLP) leadership • Q2 2024

    Question

    Eirik Haavaldsen of Pareto Securities asked if the company plans to increase its time charter coverage for 2025/2026 to de-risk its position following the increased financial leverage from the Avance Gas fleet acquisition. He also questioned the potential impact on G&A expenses.

    Answer

    Executive Kristian Sørensen responded that while not guaranteed, the company has historically been comfortable with a charter coverage level in the 30-40% range to balance market exposure with downside protection. He also confirmed that the current organization can absorb the 12 new vessels without any planned increase in G&A expenses.

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    Eirik Haavaldsen's questions to BW LPG (BWLP) leadership • Q2 2024

    Question

    Eirik Haavaldsen of Pareto Securities asked if the increased fleet size and financial leverage would lead to a more aggressive time charter strategy for 2025-2026, and questioned the impact of the acquisition on G&A expenses.

    Answer

    Executive Kristian Sørensen indicated that while not guaranteed, the company is comfortable with its historical charter coverage of 35-40% for downside protection and will likely maintain a similar strategy. He also confirmed that the current organization can absorb the 12 new vessels without increasing G&A expenses, suggesting potential for improved efficiency.

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