Awilco LNG plans to return cash to shareholders as prospects for its two ships remain healthy.

The Oslo-listed company said the 156,000-cbm tri-fuel, diesel-electric (TFDE) WilPride and WilForce (both built 2013) are coming off hire at the start of the second quarter next year as rates rise.

Due to the expected strong market for the next open position for the ships, Awilco LNG said it is planning dividend pay-outs to shareholders, or will return cash through "other appropriate measures".