BW LPG Ltd. operates primarily through two business segments: Shipping and Product Services. The Shipping segment manages a fleet of approximately 50 Very Large Gas Carriers (VLGCs), many of which are retrofitted with LPG dual-fuel propulsion technology. The Product Services segment complements the shipping business by offering integrated LPG delivery, trading, and wholesale services. The company connects major LPG export hubs, such as the United States and the Middle East, with key import markets in Asia. Originally incorporated in Bermuda as part of the broader BW Group, the company redomiciled to Singapore in 2024.