Navig8 has continued to build its ownership in Awilco LNG to nearly one-fifth of the company after more share purchases.

The tanker group revealed a 6.2% holding in the Oslo-listed owner of two LNG carriers earlier this month, before adding more stock this week to reach nearly 13.9%.

On Friday, Awilco LNG said the group's private investment company Navig8 Topco Holdings had snapped up another 7.64m