Awilco LNG logs net loss due to weak market

Norway’s Awilco LNG reported a net loss of $3.3 million in the first quarter, saying that its 2013-built LNG carrier, WilForce, traded in an “exceptionally weak” market.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

Spain’s Elcano sells steam LNG carrier

Spanish shipping firm Empresa Naviera Elcano has completed the sale of its 2003-built steam liquefied natural gas (LNG) carrier Castillo de Villalba.

LNG Alliance plans new LNG export project in Mexico

LNG Alliance, developer of the Amigo LNG project in Mexico, plans to build a second project in Mexico called Bravo LNG.

More News Like This

ALNG expects to enter LNG trading by year-end

Norway’s ALNG, the owner of two TFDE LNG vessels, expects to enter LNG trading with its first transaction by the end of this year, according to interim CEO Jens-Julius Ramdahl Nygaard.

Awilco LNG appoints interim CEO

Norway's Awilco LNG, the owner of two TFDE LNG vessels, has approved a name change to ALNG and appointed Jens-Julius Ramdahl Nygaard as interim chief executive officer.

Awilco LNG appoints chief commercial officer

Norway's Awilco LNG, the owner of two TFDE LNG vessels, has appointed Niels Rigault as its chief commercial officer as the company enters its next phase of development.

Awilco LNG to change name

Norway's Awilco LNG, the owner of two TFDE LNG vessels, aims to change its name to ALNG as the company enters its next phase of development.