Fleet Management Evolution Avance Gas is transitioning its fleet, selling major assets to BW Group and BW LPG, indicating a strategic shift that may require updated logistics, maintenance, and operational solutions.
Financial Resilience Recent financing rounds totaling over 600 million USD demonstrate the company's capacity for large-scale capital infusion, presenting opportunities for financial services, asset management, and investment solutions.
Innovation Leadership The launch of a dual-fuel VLGC highlights Avance Gas's focus on technological innovation, offering potential for advanced technology providers in dual-fuel systems, eco-friendly solutions, and ship automation.
Market Positioning As a leading owner and operator of VLGCs with a modern fleet, Avance Gas serves a global LNG and LPG transportation market, presenting partnership prospects for supply chain optimization and logistics technology.
Sustainability Focus Investments in dual-fuel LNG technology reflect a commitment to reducing emissions and environmental impact, opening opportunities for sustainability-focused equipment providers and clean energy solutions.
Avance Gas uses 8 technology products and services including Snowplow, Varnish, Akamai, and more. Explore Avance Gas's tech stack below.
| Avance Gas Email Formats | Percentage |
| F.Last@avancegas.com | 60% |
| First.Last@avancegas.com | 30% |
| First.Middle@avancegas.com | 10% |
Oil and GasOslo, Norway11-50 Employees
Avance Gas Holding Ltd operates in the global market for transportation of liquefied petroleum gas (LPG). The company is one of the world's leading owners and operators of very large gas carriers (VLGCs), operating a fleet of fourteen modern ships and two Dual Fuel LPG newbuildings due for delivery in Q4 21 and Q122. Avance Gas is listed on the Oslo Stock Exchange.
Company Overview
Funding & FinancialsAvance Gas's revenue is estimated to be in the range of $1M$10M
Funding & FinancialsAvance Gas's revenue is estimated to be in the range of $1M$10M
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