Avance Gas is plotting its next phase of growth, driven by John Fredriksen’s appetite for the VLGC sector, with the aim of a potential US listing.
Chief financial officer Peder Simonsen suggested the Oslo-listed shipowner is poised to enlarge its fleet with its ownership structure becoming clearer.
“We are for sure looking to grow the fleet” with support from Fredriksen Group, he told TradeWinds.