BW LPG today struck a bullish note on the strength of its balance sheet having completed the takeover of Aurora LPG.

The Oslo-listed shipowner has a liquidity runway extending until the start of the next decade and is making progress on the refinancing of debt assumed as part of the Aurora deal, executives say.

Elaine Ong, chief financial officer of BW LPG, says the company had net debt of $1.3bn