The strong winter market has helped shipowner Awilco LNG achieve the highest quarterly average time-charter equivalent (TCE) rate in its history.
The Oslo-listed company achieved a TCE rate of $90,000 per day in the first quarter for the 156,000-cbm LNG carriers WilPride and WilForce (built 2013), which have tri-fuel diesel-electric propulsion.
News of the record-breaking quarter came as Awilco reported a net profit of $6.9m
