BW Group looks to have taken advantage of the recent sell-off in shipping stocks to increase its stake in John Fredriksen’s Flex LNG.
The Singapore-based shipowner has acquired another 250,000 shares in the Oslo-listed LNG company, according to recent filings.
The Andreas Sohmen-Pao-led shipowner now owns a total of 810,000 Flex LNG shares making it the fourth largest investor in the company.
