Search results for: Awilco LNG

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  • 15 February 2017

    Oslo-based Awilco LNG, the owner of two 156,000-cbm LNG carriers, posted a lower net loss in the fourth quarter of 2016 as compared to the same quarter a year ago. Awilco LNG reduced its net loss to $2.5 million in the fourth quarter, as compared to $12.6 million in 2015. Awilco LNG’s freight income stood at […]

  • 28 September 2011
    Business & Finance

      Awilco LNG ASA  announced that the LNG vessel WilGas has been committed on a one year contract, with no option periods. The charterer is the Brazilian state energy entity, Petrobras. Commencement of the contract is mid-October. Awilco LNG ASA is a Norwegian based owner and operator of LNG vessels intended for international trade. The […]

  • 3 December 2013
    Business & Finance

    Awilco LNG ASA announced that the “WilPride”, the Company’s second 156,000 cbm Tri Fuel Diesel Electric powered newbuilding, was delivered from Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) of South Korea on 28 November. The vessel was delivered on budget and on time. The vessel was subsequently sold to Teekay LNG Partners L.P., and […]

  • 24 May 2018

    Oslo-based Awilco LNG, the owner of two 156,000-cbm LNG carriers, reported a profit of $1 million in the first quarter of this year as compared to a loss of $31.8 million in the comparable period last year. In the fourth quarter of 2017, Awilco LNG posted a net loss of $4.5 million. Awilco LNG’s quarterly net freight […]

  • 23 November 2011

    Norwegian based Awilco LNG reported third quarter 2011 results. Highlights Third Quarter • Awilco LNG ASA reported freight income of MUSD 12.3 (MUSD 1.6 in Q2) and EBITDA of MUSD -0.5 (MUSD -4.9 in Q2) • Awilco LNG ASA was listed on Oslo Stock Exchange as of 6 September • WilGas was as of 28 […]

  • 3 December 2013
    Vessels

    Awilco LNG said that the “WilPride”, the company’s second 156,000 cbm Tri Fuel Diesel Electric powered newbuilding, was delivered from Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea on 28 November. The vessel was delivered on budget and on time, Awilco LNG said in a statement. The vessel was subsequently sold to Teekay LNG […]

  • 1 July 2015
    Vessels

    Awilco LNG of Norway said it has sold its 1983 built LNG carrier WilPower to an undisclosed buyer. The 125,000 cbm WilPower has been in cold layup since May 2013, Awilco LNG sad in a statement on Wednesday. The LNG tanker is expected to be delivered to the buyer in August this year. According to the statement, […]

  • 29 November 2013
    Business & Finance

    Awilco LNG ASA (Awilco LNG) announced that the 2013 built 156,000 cbm Tri Fuel Diesel Electric powered WilForce has been committed to a three year contract plus a one year option to an oil and gas major. The contract will commence 25 January 2014 and is expected to contribute with an annualized EBITDA of about […]

  • 18 August 2016
    Vessels

    Norwegian LNG shipping company, Awilco LNG said it has completed the previously announced sale of its two laid-up carriers to an undisclosed buyer.

  • 14 June 2017

    Oslo-based Awilco LNG signed the final agreement with Teekay LNG Partners fulfilling the conditions for the private placement to be issued on June 19.

  • 1 July 2015
    Vessels

    Awilco LNG of Norway said it has sold its 1983 built LNG carrier WilPower to an undisclosed buyer. The 125,000 cbm WilPower has been in cold layup since May 2013, Awilco LNG sad in a statement on Wednesday. The LNG tanker is expected to be delivered to the buyer in August this year. According to the statement, […]

  • 17 September 2013
    Business & Finance

    Awilco LNG (Awilco LNG or the Company) announced that the company has taken delivery of its first 156,000 cbm newbuilding LNG vessel named ‘WilForce’ from Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) of South Korea on 16 September. The vessel was delivered on budget approximately 16 days delayed compared to original contract. The vessel […]

  • 13 May 2015

    Awilco LNG of Norway, owner of five LNG tankers, posted a freight income of USD 12.1  million in the first quarter of 2015, compared to USD 17.7 million in the previous quarter. The LNG shipping company said its EBITDA was at USD 5.5 million, as compared to USD 8.5 million in the fourth quarter of 2014. […]

  • 12 February 2016
    Vessels

    Oslo-based LNG shipping company Awilco LNG reported full-year 2015 freight income of US$37.4 million, down from $78.5 million a year ago.

  • 5 July 2018
    Project & Tenders, Vessels

    Oslo-based Awilco LNG, the owner of two 156,000-cbm LNG carriers, said Thursday it won a charter deal for its liquefied natural gas carrier WilForce with an unidentified oil and gas major. The tri-fuel diesel electric (TFDE) LNG carrier has been committed on a 9-12 month time charter, according to a statement by Awilco LNG. The contract is […]

  • 17 November 2015

    Oslo-based LNG shipping company Awilco LNG reported third-quarter freight income of US$8.3 million, down from $20.8 million in the same quarter a year ago. In the first nine months of this year, Awilco LNG’s freight income was at $27.7 million, as compared to $60.8 million in the same period in 2014. However, the company’s freight […]

  • 17 September 2013

    Awilco LNG of Norway said that it has taken delivery of its first 156,000 cbm newbuilding – “WilForce” from Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea. The vessel was delivered on budget approximately 16 days delayed compared to original contract, the company said in a statement. The vessel was subsequently sold to Teekay […]

  • 28 May 2014

    Awilco LNG said its freight income for the first quarter of this year was MUSD 20.2, compared to MUSD 21.3 in the previous quarter. The decrease was due to lower rates for WilPride in Q1. Highlights: – Awilco LNG reported an EBITDA of MUSD 10.7 (MUSD 8.0 in Q4 2013); – WilForce commenced a three […]

  • 2 August 2011
    Project & Tenders

    Awilco LNG ASA announced that WilGas has secured its first contract with a total duration of 30-90 days. Awilco LNG ASA also announced the following changes to the organisation with the recent employment of: • Snorre Schie Krogstad, Chief Financial Officer, previously CFO at Camillo Eitzen & Co ASA and will have his first day […]

  • 23 December 2011

    Awilco LNG announced that the last remaining technical subject related to a charter of the WilPower LNG tanker had been lifted. The commencement of the contract started yesterday and the ship is committed until August 2012. Awilco LNG is a Norwegian based owner and operator of LNG vessels intended for international trade. The company currently […]

  • 5 May 2017

    Oslo-based Awilco LNG, the owner of two 156,000-cbm LNG carriers, widened its net loss in the first quarter of this year due to low activity of its vessels and lower spot rates. Awilco LNG’s net loss rose to $10.4 million in the first quarter, as compared to $4.6 million in the same quarter last year and $2.5 […]

  • 25 August 2011

    At its meeting on 24 August 2011, the Board of Directors of Oslo Børs resolved to admit shares in Awilco LNG to listing on Oslo Axess. The Board stipulated that, prior to the first of listing, the company must satisfy the requirement for the number of shareholders as specified in Section 2.4.2 of the Oslo […]