Oslo-listed Avance Gas has posted a big profit jump as VLGC rates hit record levels in the third quarter.
The LPG carrier owner said net earnings were $72.83m to 30 September, from $41.33m in the same period last year.
Revenue grew to $109.94m against $68.57m in 2014.
The average time charter equivalent (TCE) for the fleet was $96,865 per day, compared with $86,938 in the second quarter.
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