Total revenue was NOK 41.2m, against from NOK 27.9m the year before.

Operating costs were cut to NOK 16.2m from NOK 16.7m.

It said: “The strong LPG market from the second quarter continued into third quarter and the VLGC segment set yet another record rate in the middle of July at $143/ton, equivalent to $4m on a time charter basis per month.”

It