Highlights first quarter
- Awilco LNG ASA (Awilco LNG or the Company) reported
freight income of MUSD 20.2 (MUSD 21.3 in Q4 2013)
and an EBITDA of MUSD 10.7 (MUSD 8.0 in Q4 2013).
- WilForce commenced a three plus one year contract
on 24 January 2014.
- WilPride successfully completed maiden voyage.
-Vessel utilisation of 95 % (trading vessels),
compared to 90 % in Q4 2013.
Subsequent events
- WilEnergy charter extended for up to two months
until end September with current charterer.
Oslo, 28th May 2014
For further information please contact:
CFO Snorre Schie Krogstad
Phone: +47 9085 8393
About Awilco LNG ASA
Awilco LNG is a Norwegian based pure play LNG
transportation provider, owning and operating LNG
vessels intended for international trade. The Company
currently owns two 156,000 cbm DFDE membrane LNG
vessels; WilForce and WilPride, and three 125,000 cbm
steam Moss type LNG vessels; WilGas, WilPower and
WilEnergy. We have an industrial approach and a long-
term commitment to the sector. The Company is listed
on Oslo Axess with the ticker code ALNG.