Brief: Awilco Q1 freight income at $12.1 mln

Alng ASA

13/05/2015 07:05

May 13 (Reuters) - Awilco LNG ASA  ALNG.OL : 
    * Q1 EBITDA $5.5 million versus $8.5 million in Q4 2014) 
    * Q1 freight income of $12.1 million versus $17.7 million in 
Q4 2014 
    * Rates and utilization is expected to improve as 
significant new LNG production comes online towards the end of 
2015 and beginning of 2016 
    * Expects that the phasing out of older tonnage will 
increase due to the soft market 
 
     
Source text for Eikon:  ID:nObid1QYFa  
     
Further company coverage:  ALNG.OL  
 
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