Highlights fourth quarter
- Awilco LNG ASA (Awilco LNG or the Company) reported
freight income of MUSD 9.6 (MUSD 8.3 in Q3 2015) and EBITDA
of MUSD 5.8 (MUSD 2.8 in Q3 2015).
- Vessel utilisation of 81 % compared to 68 % in Q3 2015
(trading vessels).
Highlights for the year 2015
- Full year freight income of MUSD 37.4 (MUSD 78.5 in 2014).
- Full year EBITDA of MUSD 15.8 (MUSD 41.0 in 2014).
- One-off impairment loss of MUSD 8.4 (nil in 2014).
- Net loss before tax of MUSD 36.3 (MUSD 2.6 in 2014).
- Vessel utilisation of 61 % compared to 86 % in 2014
(trading vessels).
Oslo, 12th February 2016
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 TFDE membrane LNG vessels; WilForce
and WilPride, and two 125,000 cbm steam Moss type LNG
vessels; WilGas 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.