The shipowner posted ebitda of $10.7m compared with $8m and $400,000 in the fourth and third quarters of 2013 respectively.
Freight income was $20.2m, a slight dip on the $21.3m seen in the fourth quarter of last year. However, costs fell 55% to $2.5m.
Awilco LNG attributed the decline in revenue to lower rates for the 156,000-cbm WilPride (built 2013) during the first quarter.
Operating
