25/11/2022at 13:27

Avance Gas is optimistic despite Q3 decline

Net profit of Norwegian Avance Gas declined in Q3, but the gas carrier’s chair is optimistic about fourth-quarter prospects.

by IDHA TOFT VALEUR

Avance Gas, the gas carrier controlled by shipping tycoon John Fredriksen, closed the third quarter with a reduced net profit compared to Q2.

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Avance Gas is optimistic despite Q3 decline

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Related articles:

Former Avance Gas CEO to join BW LPG

Avance Gas refinances debt for USD 555m

Avance Gas CEO and chair step down with immediate effect

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Front page now

Maersk divests historic ship – was world's biggest in 1997

Port of Rotterdam expects regular bunkering of methanol by the summer

Drewry director eyes one central weakness in Maersk's strategy

Police find 4.5 tonnes of cocaine aboard freighter at Canary Islands

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Further reading

Drewry director eyes one central weakness in Maersk's strategy

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Latest news

Jobs

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