John Fredriksen has swelled his stake in Oslo-listed Avance Gas with a near $1m stock purchase.
The shipowner topped up his holding in the VLGC owner in the same week as Andreas Sohmen-Pao’s BW Group has been picking up stock in peer BW LPG.
Hemen Holding, one of Fredriksen’s main investment vehicles, bought 670,317 Avance Gas shares at NOK 12.50
