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BW LPG buys stake in John Fredriksen-controlled company

BW LPG now buys a chunk of Avance Gas, which is controlled by Norwegian-Cypriot national John Fredriksen. The purchase pertains to a smaller stake, says BW LPG Chief Executive Anders Onarheim, who views increased consolidation in the segment positively.

BW LPG plans to install dual-fuel engines on board 15 ships in total

BW LPG plans to install dual-fuel LPG engines on board three more vessels than the already planned 12. The engines are supplied by MAN Energy Solutions. BW LPG's Chief Executive Anders Onarheim sees both financial and practical benefits for the company, he tells ShippingWatch.

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