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BW Group wants to cash in on DHT shares

BW Group wants to sell off a large slice of its shares in tanker company DHT Holdings. The Singapore-based shipping group became a major shareholder of the company when DHT purchased 11 supertankers from BW.

Andreas Sohmen-Pao heads BW Group, which is now preparing to divest shares in tanker carrier DHT Holdings. | Photo: PR / BW Group

BW Group is preparing to sell shares in tanker shipping company DHT.

BW Group became a major shareholder of DHT Holdings when it sold its fleet of supertankers to the tanker company back in 2017. Now BW prepares to attain part of the gains by selling a large piece of its shares in the New York-listed carrier.

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