BW Group could move even more DHT Holdings shares, potentially netting the Andreas Sohmen-Pao outfit more than $40m during a run in tanker stocks.

The Singapore-based shipping conglomerate disclosed in a Securities and Exchange Commission filing Friday that it could sell 7.3m of its 33.5m DHT shares between now and 30 June.

The total value of the block as of 23 March, when shares closed at $5.88,