Danish shipping investor J Lauritzen has increased its holding in BW Epic Kosan (BWEK) by adding a 6% stake to its holding.

Oslo-listed LPG carrier owner BWEK said it had been told that parent BW Group had sold 9.6m shares to Lauritzen at about NOK 16.5 each or NOK 158.4m ($15.9m) in total.

Lauritzen is long-term investor but quick Gram deal was ‘pure profit-taking’
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This slice is now worth $17.5m