"We have made a very good offer for Aurora"

Avance Gas CEO Christian Andersen hopes that the acquisition offer made on Aurora LPG will mark the beginning of a much needed consolidation wave among VLGC carriers, he tells ShippingWatch.

BY KATRINE GRØNVALD RAUN

For years Avance Gas has made itself available for - and not least pursued - consolidation among carriers operating fleets with the biggest gas vessels, and now is the right time, CEO Christian Andersen explains to ShippingWatch after the carrier on Monday announced an acquisition bid for competitor Aurora LPG.

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"We have made a very good offer for Aurora"

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Avance Gas looking to acquire Aurora LPG

Highly satisfied Avance Gas CEO exits super quarter

Avance Gas almost doubled its bottom line

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Front page now

Lynn Loo urges shipping to "take steps outside its comfort zone"

German logistics company wants to grow 250 percent

Norden's venture in Gabon runs smoothly one month after military coup

Russia still relies on Europe to ship its oil despite price cap breach

Energy agency: Ammonia is crucial for shipping's green transition

Norwegian carrier gets state funding for new ammonia vessels

Fredriksen company loses legal dispute with shipyard over cancelled drilling rigs

IEA: Green fuels keep climate goals alive

German ports fear public savings

Navigare Capital cashes in from sale of several ships

Union warns: Shipping still struggles to attract women

Lidl's shipping company makes changes to get more customers in store

Further reading

Lynn Loo urges shipping to "take steps outside its comfort zone"

Lidl's shipping company makes changes to get more customers in store

Navigare Capital cashes in from sale of several ships

German logistics company wants to grow 250 percent

Union warns: Shipping still struggles to attract women

Russia exempts gasoils, bunker fuel from export ban

Jobs