The Dorian LPG sell-off by the BW Group continues.

Thursday, Andreas Sohmen Pao's Singapore-based group disclosed it sold 300,100 shares of the John Hadjipateras-backed gas carrier owner for $10 each and just over $3m total.

Bonus payments and a buyback as Dorian returns to the black
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The sales were made on Tuesday and Wednesday. BW is now down to 6.1 million shares, or 11% of all Dorian's outstanding shares.

BW began selling shares of the Connecticut-based company earlier in the summer after a takeover attempt last year failed.

At its height, BW owned just over 14% of the company.

Dorian shares have shot up in recent months, hitting a high of $10.13 in late trading Thursday, just under double its 52-week low of $5.29.