Tanker

Avance Gas achieves slight progress in the first quarter

Norwegian VLGC carrier Avance Gas emerged slightly better from the first quarter of the year than in the fourth quarter of 2016, although utilization of the fleet did not reach the same heights.
Photo: Avance Gas
Photo: Avance Gas
by LOUISE VOGDRUP-SCHMIDT

Oslo-listed carrier Avance Gas experienced a smaller boost from the fourth quarter last year to the first quarter this year due to higher time charter rates.

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