Awilco LNG saw lower market activity and declining rates for short-term employment in its second quarter.
The Norwegian company’s 125,660-cbm WilPower (built 1983) was in drydock from May until to 20 June and has remained unemployed since. The owner is also touting its two LNG carrier newbuildings for charter, the first of which is due for delivery in August 2013.
Awilco booked a loss of $2.1
