EuropeGas

Awilco secures charter for LNG carrier

Norway’s Awilco LNG has sealed a new time charter contract for 2013-built 156,000 cbm LNG carrier WilForce.

The charter will commence this month, and is for a period of around 12 months. The company says the deal will contribute an annualised EBITDA of about $18m.

The Awilco LNG fleet stands at two 2013-built gas carriers, sisterships WilForce and WilPride. Earlier in the year, WilPride was fixed for between two and three months in a bumper deal, generating revenues of $10.3m to $14.3m.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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