The Awilco LNG Group (Awilco LNG ASA together with its subsidiaries) today reports unaudited results for the three months ended 31 March 2019.
Highlights for Q1 2019 (Q4 2018):
- Net freight income of MUSD 8.4 (MUSD 10.4)
- EBITDA of MUSD 5.0 (MUSD 7.1)
- Net profit/(loss) of MUSD (3.4) (MUSD (1.2))
- Vessel utilisation of 90 % (84 %)
Oslo, 10 May 2019
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.