Exmar reported a year-end result that was 83% lower than 2014 due to non-cash writedowns on its pressurised LPG carrier fleet and the cancellation of an LNG project.
The Nicolas Saverys-led owner of LNG and LPG carriers reported a final year-end result of $11.2m compared to $68.3m a year earlier.
Exmar said the weaker results stemmed from a writedown of $14m on its pressurised fleet.
