Brief: Awilco LNG Says Vessel Repairs Progressing As Planned, Expected Completed By End-Aug/Early Sept

Alng ASA

25/06/2019 01:24

June 24 (Reuters) - Awilco LNG ASA  ALNG.OL :
    * ALNG - VESSEL AND CONTRACT UPDATE
    * AWILCO LNG -WILFORCE ( VESSEL) CURRENTLY AT YARD IN
SINGAPORE
FOR REPAIRS FOLLOWING COLLISION WHICH CAUSED HULL DAMAGE,NO HARM
TO LIFE OR ENVIRONMENT
    * REPAIRS ARE PROGRESSING AS PLANNED AND ARE EXPECTED
COMPLETED BY
END-AUGUST / EARLY SEPTEMBER
    * COST OF REPAIRS ARE COVERED BY INSURANCE
    * AWILCO LNG-CHARTERER NOTIFIED AWILCO DECISION TO CANCEL
REMAINING PERIOD OF TIME CHARTER CONTRACT DUE TO PROLONGED
OFF-HIRE PERIOD TO REPAIR VESSEL

Source text for Eikon:  ID:nObiHPRqJa 
Further company coverage:  ALNG.OL 

 ((Reuters.Briefs@thomsonreuters.com;))