Shipowner Awilco LNG saw its earnings drop after trading its two LNG carriers in the spot market during the second quarter and is expecting the lower returns to bleed into its third quarter figures before improving towards the year-end.
Awilco LNG chief executive Jon Skule Storheill said: “Following six quarters with good results we experienced the challenge of running both our vessels in a more volatile than expected spot market in the second quarter.”
