Ravi Mehrotra’s Foresight Group has added to its VLGC fleet in a deal with John Fredriksen’s Avance Gas — and has big plans for the sector.

The London-based shipping and drilling group’s executive chairman told TradeWinds that the company was behind the purchase of the 84,000-cbm Providence (built 2008).

Oslo-listed Avance Gas announced the sale to an unnamed owner on 21 March.