Exmar has more than doubled its first-half profit as the Belgian gas carrier owner reaped the rewards of contracts in its LNG infrastructure business.

The Belgium-listed company, which majority shareholder and executive chairman Nicolas Saverys is proposing to take private, also revealed that it locked four newbuildings into long-term charters.

Exmar reported $21m in profit for the first six months of 2023, up from $9.6m