BW has taken a 10.2% holding in the VLGC owner after snapping up shares owned by Scorpio Tankers, which had been Dorian’s largest investor, to restart consolidation talk in the booming market.
“BW is a serious company with deep knowledge of the shipping and gas business. We are flattered by the confidence that their investment shows in the sector and in our company,” Hadjipateras told TradeWinds today.
