Evergas wants to multiply result after selling loss-making fleet

Evergas books a USD 2.2 million profit for 2019 after being in the red for several years. The company expects to multiply its result this year following the sale if its loss-making ethylene fleet.

Photo: PR / Evergas

For the first time in many years, Evergas books a bottom line profit in 2019, shows the company's annual report.

Last year, the gas shipping company secured a USD 2.2 million profit. In 2018, Evergas' result came to a USD 16 million deficit, and the company has in fact been loss-making since 2016.

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