The Awilco LNG Group (Awilco LNG ASA together with its subsidiaries) today reports unaudited results for the three months ended 30 September 2018.
Highlights for Q3 2018 (Q2 2018):
- Net freight income of MUSD 7.4 (MUSD 4.6)
- EBITDA of MUSD 3.8 (MUSD 1.9)
- Net profit/(loss) of MUSD (4.8) (MUSD 6.5)
- Vessel utilisation of 70 % (71 %)
Oslo, 15 November 2018
For further information please contact:
CFO Øyvind Ryssdal
Phone: +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.