Avance Gas has completed its successful exit from the gas transportation market, agreeing to sell its remaining fleet of 12 vessels, valued at over $1 billion, to BW LPG. The company, whose major shareholder was well-known shipping magnate John Fredriksen, spoke of the opportunity to capture strong market value, while BW highlighted the opportunities for […]

Avance Gas has completed its successful exit from the gas transportation market, agreeing to sell its remaining fleet of 12 vessels, valued at over $1 billion, to BW LPG. The company, whose major shareholder was well-known shipping magnate John Fredriksen, spoke of the opportunity to capture strong market value, while BW highlighted the opportunities for […]