Exmar expects challenging gas market in 2017

Tanker carrier Exmar saw its revenue slide in 2016, though the bottom line grew following a series of one-off incomes, including payment for a canceled contract. A weak product tanker market combined with many new vessels will make 2017 challenging.

by DANIEL LOGAN

Belgian tanker carrier Exmar, which operates mainly in the LNG and LPG gas segments, finished 2016 with a decline in revenue and a stronger bottom line.

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