Shares in VLGC owners BW LPG and Aurora were heading in opposite directions in Oslo this morning.

Market leader BW LPG saw its shares slip by close to 5% after a first quarter trading update, while Aurora gained some ground on low volumes as it announced the delivery of two newbuildings.

Eirik Haavaldsen of Pareto says BW LPG’s guidance has led to a revision in his first quarter profit forecast from $0.45