CorporateEurope

Awilco LNG reports net loss due to weak spot market

By LNG Prime Staff
Awilco LNG reports net loss due to weak spot market
Image: Awilco LNG

Norway’s shipping firm Awilco LNG reported a net loss in the third quarter due to a weak spot LNG market. Awilco LNG owns two 156,000 cbm TFDE LNG vessels, WilForce and WilPride. Third-quarter net loss of $0.3 million compares to net income of $8.7 million in the second quarter this year, and net income of…

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