Tanker

Avance Gas sees good LPG market in coming years

Norwegian carrier Avance Gas achieved a net result of USD 81.7 million in the past year. The carrier predicts a healthy market for the next two years.
Photo: Avance Gas
Photo: Avance Gas
BY DANIEL LOGAN BERG-MUNCH

Gas carrier Avance Gas, whose owners include big names such as John Frederiksen's Frontline 2013, Sungas Holdings and Stolt-Nielsen, had a strong 2014, driven in particular by an attractive spot market for LPG in the second half of the year.

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