General Info
Avance Gas owns and operates very large gas carriers for the transportation of LPG.
Location: Oslo
Country:
Industries:
Investment Regions: EU
Investment Stages: late-stage, pre-seed, seed, series-a
Website: http://www.avancegas.com/
corporate-vc
EU
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🤖 AI Activity Report
Status: not-active
AI Reasoning: I found a major transaction where Avance Gas sold its 12 VLGCs to BW LPG, with the transaction completing on 31 December 2024 (reported in BW LPG Q4 2024 results in Feb 2025). The last known significant activity by Avance Gas (sale of vessels) therefore occurred on 31 December 2024, which is approximately 10 months and 1 day before the reference date. This places the time since last known investment/activity between 6 and 12 months. The relevant company involved in the transaction was BW LPG (acquirer of Avance Gas vessels). Based on this timing, the appropriate tag is not-active.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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