London owner Foresight Group has added another VLGC to its expanding gas fleet in a deal with John Fredriksen’s Avance Gas.
Two weeks ago, Oslo-listed Avance Gas said the disposal of the 84,000-cbm Promise (built 2009) should generate $20m in net cash proceeds and a book gain of $7.5m, without naming the buyer.
But now Foresight executive chairman and founder Ravi Mehrotra has confirmed to TradeWinds that his company is behind the purchase.