Weak LPG market keeps Epic Gas in the red

Epic Gas remained in the red for the first three months of the year with a net deficit of USD 2.4 million, compared to a net loss of USD 2.5 million in the same period last year. The carrier's revenue increased to USD 33.4 million from USD 23.3 million last year, even though the rates for transporting liquefied petroleum gases (LPG) have decreased significantly over the past 12 months, says Epic Gas in the first quarter interim report.
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Epic Gas CEO resigns
For subscribers
Epic Gas secures financing
For subscribers
Epic Gas benefits from new ships in 1st quarter
For subscribers