Two of the world’s largest very large gas carrier (VLGC) owners are engaged in an intriguing battle for sector supremacy during a week that has seen both companies launch initial public offerings (IPOs).
Dorian LPG is seeking $287.5m from its New York IPO just weeks after it is thought to have rejected a takeover approach from Avance Gas, which is itself expanding its war chest having filed to list on the Oslo Stock Exchange.
Dorian’s
