Highlights second quarter
- Awilco LNG ASA (Awilco LNG or the Company) reported
freight income of MUSD 8.3 (MUSD 8.9 in Q1 2016) and EBITDA
of MUSD 4.2 (MUSD 4.9 in Q1 2016).
- The 1983 and 1984 built 125,000 cbm 2nd generation LNG
carriers WilEnergy and WilGas agreed sold for a combined
gross sales price of MUSD 31.6.
- Vessel utilisation of 76 % compared to 78 % in Q1 2016
(trading vessels).
Oslo, 31st August 2016
For further information please contact:
CFO Snorre Schie Krogstad
Phone: +47 9085 8393
About Awilco LNG ASA
Awilco LNG is a Norwegian based LNG transportation provider,
owning and operating LNG vessels intended for international
trade. The Company owns two 2013 built 156,000 cbm TFDE
membrane LNG vessels, WilForce and WilPride. Awilco LNG has
an industrial approach and a long-term commitment to the
sector.