Shipping tycoon John Fredriksen has emerged as the second-largest investor in VLGC giant BW LPG.
He has benefited from a hand-out of shares in the Oslo and New York-listed operation by his Avance Gas company, which was awarded stock as part of its $1bn deal to offload its large gas carrier fleet to BW LPG.
On Wednesday, Avance Gas transferred 19.15m
