Avance Gas made USD 9.6 million in 2nd quarter

Rates for major gas vessels of more than USD 100,000 per day this spring are reflected in the new interim report from Avance Gas.

BY OLE ANDERSEN

High profile Norwegian gas carrier Avance Gas - whose ownership includes John Fredriksen's Frontline 2012 and Stolt-Nielsen - finished the 2nd quarter 2014 with a net profit of USD 9.6 million, compared to the USD 6.1 million in the three previous months.

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Avance Gas made USD 9.6 million in 2nd quarter

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Danske Bank: VLGC rates of plus USD 100,000 set to last

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs