Charles Maltby has stepped down as Chairman of Epic Gas. The Board has named Andreas Sohmen-Pao as Chairman. Charles Maltby remains a Board member and CEO of Epic Gas.
In addition, Esben Poulsson has been appointed as independent Non-Executive Director with immediate effect.
In a separate statement, Epic Gas said that its revenue increased by 3.1% to USD 39.6 million from USD 38.4 million, reflecting growth in vessel charter hire income and higher fleet operational utilisation.
The company managed to shrink its net loss for the period to USD 0.3 million, compared to a loss of USD 2.7 million reported in the same quarter a year earlier.