Gas

Awilco LNG slumps to loss with long idle periods for one ship in ‘exceptionally weak market’

CEO sees exit of steamships and increasing US cargoes as eventually rebalancing conditions

Awilco chief executive Jon Skule Storheill is upbeat on conditions for the market to rebalance.
Awilco chief executive Jon Skule Storheill is upbeat on conditions for the market to rebalance.Photo: Contributed
TradeWinds correspondentLondon
Published 21 May 2025, 06:58Updated 21 May 2025, 07:22
Awilco LNGLNG carriersJon Skule Storheill