Exmar reported a 22% profit drop for the first half of 2016. Better results in Exmar’s LNG business was offset by lower results in the offshore and LPG segments of the Nicolas Saverys-led company.

The diversified energy fleet owner reported consolidated profit of $16.9m compared to $21.8m from the year earlier period. Turnover was essentially flat at $156.7m for the period.

Operating