Oslo-listed Avance revealed its ships commended timecharter equivalent rates of $74,000 daily in the three months to the end of November.
This compares with the $83,893 per day seen in the previous three months and the $45,084 per day in the second quarter of 2014.
The details were disclosed as Avance shifted its financial reporting schedule to run in line with the calendar rather than the slightly staggered approach of leading shareholder Stolt-Nielsen.
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