Olso-listed gas carrier owner has seen first quarter profit plunge in a depressed market.
The company said net earnings were $8m to 31 March, against $59.9m in the same period of 2016.
It blamed weaker spot rates, with revenue down to $137m from $162.6m.
VLGC time charter equivalent (TCE) earnings were $20,900 per day, from $38,600 a year ago.
LGC TCE rates averaged $11,300 per day, down from $31,400 in 2016.
