BW LPG shares trade higher after New York debut

Shares in BW LPG have climbed 4.3% higher since debuting on the New York Stock Exchange on Monday.

The shares reached $14.60 in midday trading on Tuesday, up from the $14 close of over-the-counter trading last week.

BW LPG chief executive Kristian Sorensen rang the exchange’s opening bell on Monday morning, marking the launch of a dual listing.

“After more than 10 years as a listed company on the Oslo Stock Exchange, today’s dual listing on the New York Stock Exchange marks a new chapter for us,” the company said on LinkedIn.