BW LPG is expected to report its third consecutive loss when it reports fourth quarter 2016 results, a report from Arctic Securities says. But contracted cargoes should help the Oslo-listed gasship owner weather spot rate weakness.
Arctic's estimate for BW LPG to report a fourth quarter loss of $0.01 per share is in-line with a consensus estimate. This would follow on much deeper losses reported in the second and third quarter of 2016 of $0.41
