Awilco: New time charter contract

Awilco

Awilco LNG agreed a new time charter contract for 2013-built 156,000 cbm LNG carrier WilPride.

Commencement is scheduled for the first half of February.

The contract is for between two and three months, and will generate revenues of $10.3m to $14.3m. Awilco says the contract is estimated to generate liquidity of between $6.2m and $8.6m.

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