Vasilis's questions to BW LPG Ltd (BWLP) leadership • Q1 2025
Question
Vasilis asked whether the recent strength in VLGC spot rates could be partly attributed to front-loading activity related to the 90-day U.S.-China trade truce.
Answer
CEO Kristian Sørensen acknowledged that the tariff relief is a contributing positive factor for freight market activity. However, he emphasized that the primary driver of the strong spot market remains the solid fundamentals, including robust export levels from both the Middle East and the U.S.