BW LPG posts losses amid depressed spot rates
The world's largest LPG tanker owner was not immune from market downturn. However, the BW Group unit's offer to buy rival Dorian LPG reflects reflects its confidence in long-term market prospects
Update: Chief executive Marin Ackermann defends $1.1bn offer to buy Dorian LPG that would create a mega fleet rarely seen in bulk trades
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