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Epic Gas continues with a red bottom line

Epic Gas bagged an improved result in the second quarter this year, but the carrier continues to lose money. There are positive signs in the LPG market. However, there is still too much tonnage, the carrier writes.

LPG carrier Epic Gas booked revenue in the second quarter this year of USD 32.6 million, which is a setback of 1 percent compared to the same quarter last year.

The Singapore carrier managed to increase its bottom line by 52 percent, though the result still finished negative with a loss for the company of USD 0.9 millon.

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