Highlights third quarter
- Awilco LNG ASA reported freight income of MUSD 5.7(MUSD 2.6 in Q2 2017) and EBITDA
of MUSD 1.2 (MUSD -1.8 in Q2 2017)
- Vessel utilisation of 88 % compared to 83 % in Q2 2017
- Reduced bareboat payments to Teekay LNG Partners L.P. (Teekay LNG) with effect from July 2017
- Repair offering MUSD 1.4 completed in July
Oslo, 17th November 2017
For further information please contact:
CFO Øyvind Ryssdal
Phone: +47 47 920 14 029
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.