Highlights third quarter
- Awilco LNG ASA (Awilco LNG or the Company) reported
freight income of MUSD 8.4 (MUSD 8.3 in Q2 2016) and EBITDA
of MUSD 4.6 (MUSD 4.2 in Q2 2016).
- WilEnergy and WilGas were sold and delivered to new owner
on 18 August 2016, contributing with a net positive cash
effect of MUSD 32.2 including settlement of bunkers and
lubes.
- Vessel utilisation of 80 % compared to 76 % in Q2 2016
(trading vessels).
Oslo, 18th November 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.