Published 11 months ago • loading... • Updated 11 months ago

John Fredriksen’s Avance Gas to close down as it agrees sale of final ships to Exmar

Summary by TradeWinds | Latest Shipping and Maritime News

Deal follows huge VLGC fleet disposal to BW Group earlier this year

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

4 Articles

gCaptain

Avance Gas Exits Shipping Market with $450 Million Profit, Plans Complete Wind-up

Avance Gas Holding Ltd (OSE: AGAS), one of the leading owners of Very Large Gas Carriers (VLGCs), has announced its complete exit from the shipping market through strategic fleet sales....

11 months ago

Read Full Article

Splash247

Avance Gas says goodbye as Exmar swoops for last four newbuilds

Covering the world's energy news one story at a time. International Geopolitical, market, and energy policies.

11 months ago

Read Full Article

E24

Avance Gas sells all the ships: pays dividends and liquidates the company

After selling all its ships in 2024, the company is now returning all capital to shareholders and liquidating the company. - Thank you for the wonderful journey, writes the CEO.

11 months ago·Oslo, Norway

Read Full Article