Industry reacts to Sohmen-Pao’s Avance Gas deal

Good profit taking on one side and the chance to build market share on the other. Overall, analyst coverage of yesterday’s mega gas shipping deal between John Fredriksen-backed Avance Gas and Andreas Sohmen-Pao-controlled BW LPG has been positive. The dual-listed unit of Singapore’s BW Group will be taking over 12 ships built between 2015 and …

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