BW LPG goes on the offensive with bid for Dorian

BW LPG seeks to distance itself further from the competition with an acquisition of US-based Dorian LPG. The transaction, which totals USD 1.1 billion, would make BW the leading stock in the market, CEO Martin Ackermann tell ShippingWatch.

Danske Martn Ackermann har været topchef i BW LPG siden 2015. | Photo: BW LPG

by NIKLAS KRIGSLUND

A marriage between BW LPG and Dorian would send the company into a league of its own and make more investors interested, says BW LPG CEO Martin Ackermann, who on Monday submitted a purchasing offer to the US-based competitor.

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BW LPG offers to buy Dorian in billion dollar deal
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BW LPG anticipates better VLGC market in 2018
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