Norwegian natural gas shipping company Höegh LNG presents a disappointing result for the first quarter of the year.
The financial report showed a decline in operational results (EBITDA) in the first quarter of the year, at USD 7.5 million, compared to USD 12.5 million in the fourth quarter 2012, as well as a net deficit of USD 7.9 million, bigger than Fearnley's estimated deficit of USD 5.6 million, according to the analysts.
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