Höegh LNG cuts deficit in first quarter
Norwegian LNG carrier Höegh LNG managed to reduce its deficit in the first quarter this year compared to last year. The company changed its business in 2014 to focus more on LNG infrastructure.
BY LOUISE VOGDRUP-SCHMIDT
Höegh LNG finished the first quarter this year with a deficit of USD 1.9 million, an improvement from the first quarter 2014 where the carrier suffered a deficit of USD 4.5 million. The combined first quarter revenue in the first three months of the year came to USD 46.9 million, down from USD 51.3 million in the same period last year.
Already a subscriber?Log in here
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:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Höegh LNG in major dive in 1st half of the year
For subscribers
DNB optimistic about several segments in 2015
For subscribers
Four companies to handle large-scale Egyptian LNG import
For subscribers
