Avance: Consolidation urgent in spite of Dorian pool

The new VLGC pool between Dorian LNG and Phoenix does not change Avance's clear-cut goal of achieving consolidation among the biggest players, Avance CEO Christian Andersen tells ShippingWatch.

Photo: Avance Gas

The need for increased consolidation in the VLGC segment has not changed even though Dorian LNG and Phoenix Tankers - a subsidiary of Japanese MOL - will launch a pool collaboration for their major gas vessels, starting January 2015, the CEO of Norwegian Avance Gas, Christian Andersen, tells ShippingWatch after the American and Japanese-owned carriers announced their pool collaboration last week.

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