ShippingWatch

BW Group buys shares in Fredriksen's gas carrier

Andreas Sohmen-Pao's BW Group has been buying up shares in Jonn Fredriksen's gas shipping company Flex LNG.

Photo: BW Group

BW Group, headed by Andreas Sohmen-Pao's, has been diligently buying shares in John Fredriksen's gas carrier Flex LNG, according to Norwegian business media finansavisen.

Today, BW Group owns 1 percent of the gas shipping company - though according to the Norwegian media, there are rumors the group may have bought shares totaling up to 5 percent of the company.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs