Awilco LNG confirms consolidation talks


Awilco LNG has confirmed it is in discussions to consolidate with other LNG players.

Awilco is thought to be discussing with TMS Cardiff Gas and Golar LNG  to pool a fleet of 16 tri-fuel diesel electric propulsion ships into a new company.

Awilco LNG said in a release to the Oslo Bors that the company is working with other shipowners with an aim to establish a consolidated “LNG shipping structure” that may offer scale and create commercial and financial synergies.



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