Shipowner Golar LNG more than tripled quarterly profits amid a buoyant LNG carrier market.
The John Fredriksen-led company reported consolidated net income of $17.2 million for the fourth quarter, up from $4.7 million a year earlier.
Golar LNG said today that time charter equivalent rates came in at $86,521 per day for the fleet. That marked an increase from $74,206 per day in the fourth quarter of 2010 but was a decline from $91,614 in the third quarter of last year.
The
