Avance Gas Holding Ltd. reported unaudited results for the fourth quarter 2021. HIGHLIGHTS * The average time charter equivalent (TCE) rate was $27,631/day compared to $27,548/day in Q3 2021. The full year 2021 TCE rate was $31,302/day compared to $32,418/day in 2020. * Daily operating expenses (OPEX) were $8,139/day, down from $8,610/day in Q3 2021. …
The post VLGC Owner Avance Gas Estimates its First Quarter TCE Rate at $40,000/day first appeared on Hellenic Shipping News Worldwide.