BW-dominated Navigator Gas takes over Ultragas in multimillion-dollar trade
BW-dominated Navigator Gas buys Chilean-owned Ultragas in a share transaction totaling USD 400 million. The acquisition results in a player with over 56 LPG vessels.
by DAG HOLMSTAD
Consolidation in the global gas tanker market continues unabated, and with Singapore-based BW Group playing a central part.
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