Major gas merger seems unlikely

If Avance Gas chooses to launch another bid for Dorian LPG, the company is likely to get the same answer as the last time: a resounding no thank you, sources close to the process tell ShippingWatch.

BY OLE ANDERSEN

There is likely to be a consolidation in the gas segment in time, but to see major players in the VLGC segment such as Dorian LPG, Avance Gas, and BW Group joining in is not on the cards, several sources confirm to ShippingWatch.

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