A major shareholder in BW LPG has sold off stock worth over $2m in the shipowner.

Artemis Investment, the company’s largest outside investor,offloaded 506,583 shares in BW LPG late last week, according to a filing released this morning.

The sale of the stock, worth KOK 18.93m ($2.29m) at Friday’s close, cuts the Investor’s stake to 4.91%.

Artemis still holds 6.98m