Avance Gas lands new deficit despite doubling of rates

The rates have close to doubled for Avance Gas in the third quarter, where few new vessels on the water and increasing US exports of natural gas were favorable. However, the bottom line remains in the red for the carrier.

by SØREN PICO

The rates in the gas market have close to doubled for the Oslo-listed carrier Avance Gas, which continues to battle with a deficit.

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