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Fredriksens Avance Gas sells fleet worth $1 billion to BW LPG


Fredriksens Avance Gas sells fleet worth  billion to BW LPG

(Bloomberg) — Avance Gas Holding Ltd., whose largest shareholder is Norwegian shipping billionaire John Fredriksen, said it has agreed to sell its entire fleet of very large gas carriers to BW LPG Ltd. Under the deal, BW will acquire the vessels for a total consideration of just over $1 billion, the companies said in a […]