John Fredriksen-controlled Avance Gas has struck a deal to sell its entire very large gas carrier (VLGC) fleet to Andreas Sohmen-Pao’s BW LPG in a $1.05bn cash and shares deal. The Oslo-listed unit of Singapore’s BW Group will be taking over 12 ships built between 2015 and 2023, adding to its fleet...
https://splash247.com/bw-lpg-takes-avance-gas-vlgc-fleet-in-1bn-deal/