The world’s largest VLGC owner recorded a profit of $57.3m in the opening three months of 2015, passing the $30.8m in the final quarter of 2014.

Adjusted earnings per share of $0.44 trumped the consensus by four cents.

“On the back of this continued export growth, Q1 2015 delivered the strongest chartering market ever experienced,” BW LPG said in its quarterly report.