Oslo-listed BW LPG has reduced its third quarter loss following a big write-down last year.

The net deficit was $26.71m from $60.28m in 2016, while revenue was down to $101.14m against $104.83m.

The previous year's loss was caused by an impairment charge on vessels and available-for-sale assets of $60.9m.

EBITDA was $18.1m