Avance Gas makes major impairments on VLGCs
![Photo: Avance Gas](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article8187055.ece/ALTERNATES/schema-16_9/Avance%2520Gas%2520Providence%25201.jpg)
LPG carrier Avance Gas, listed on the Oslo Stock Exchange, lost USD 60.7 million in the third quarter, the majority of which, USD 45.3 million, is attributable to the fleet impairment on Very Large Gas Carriers (VLGC), shows the third quarter interim report Thursday morning.
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
Aurora pressures BW LPG to raise acquisition offer
For subscribers
Avance Gas sticks with acquisition strategy after BW offer
For subscribers
Avance CEO: The LPG crisis defies common sense
For subscribers