Exmar has reported EBITDA of $161.4m in its provisional results for 2012, up 15% on the 2011 figure.
IM Skaugen has reported EBITDA of $6.6m for the second quarter 2012, up from $5.3m in the same period last year, although the company has posted a pre-tax loss of $5.1m.
MARKETS Analysts agree that things are looking better than they have for some time. Most shipping sectors, though, are still treading carefully, being all too mindful of the pain of the last few years
MARKETS The LPG tanker sector has managed to keep its allure when all other tanker segments have been steadily shedding theirs. And this take on the sector’s brighter future is not about to change
Exmar has reported turnover of $453.7m in its preliminary results for 2011, up 9.6 per cent on the $413.9m recorded a year earlier. EBITDA fell, however, from $176.9m in 2010 to $139.9m.
AP Møller-Maersk has confirmed it is to sell its Maersk LNG unit for $1.4bn to Teekay LNG and Marubeni Corp.
LNG Originally designed as a way of moving large volumes of natural gas over long distances, the transport of LNG is now finding a new home in regional distribution, especially where air quality standards require clean fuels.
Exmar has reported EBITDA of $54.1m for the first half of 2011, down from the $63.5m in the same period last year.