Oslo-listed Avance Gas Holding has blamed weak rates and vessels impairments for a third quarter net loss of $60.7m as it reached a new debt deal with its lenders.
The loss compares to a profit of $72.83m in booming markets last year.
The LPG carrier owner said the figure included a charge of $45.3m related to the VLGC fleet and a goodwill impairment of $1.9m.
But
