Scorpio announced the disposal of 3,392,083 shares in the VLGC owner just over a week ago, naming the buyer as to Chinese conglomerate Sino Energy Holdings.
In an SEC filing released at the weekend, Sino Energy is described as a subsidiary of HNA Group Co.
It’s purchase gives it a 5.8% slice of New York-listed Dorian.
Dorian and HNA first linked up last summer, signing a memorandum of understanding to jointly explore opportunities in the LPG market.
