Awilco LNG

Awilco LNG
Company typeAllmennaksjeselskap
OSE: ALNG
IndustryLNG carrier shipping
HeadquartersOslo, Norway
SubsidiariesAwilco LNG Technical Management AS
Websitewww.awilcolng.com

Awilco LNG is a Norwegian LNG transportation company. The company was listed on Oslo Axess on 6 September 2011.[1]

Fleet

The technical management of the fleet is handled by subsidiary Awilco LNG Technical management AS.[2] As of 2023, Awilco's fleet is composed of two 156,000 m3 vessels.[3] In 2023, the company charters its vessels for approximately $120,000 per trading day.[3]

Current fleet

Name Year built Capacity (m3) Operating notes
WilForce 2013 156,007 Tri-fuel diesel electric propulsion; membrane tanks
WilPride 2013 156,007 Tri-fuel diesel electric propulsion; membrane tanks

Former fleet

Name Year built Capacity (m3) Year disposed Operating notes
WilPower 1983 125,660 2015 (sale)[4] Steam propulsion; Moss-type tanks[5]
WilEnergy 1983 125,556 2016 (sale)[6] Steam propulsion; Moss-type tanks[5]
WilGas 1984 125,631 2016 (sale)[6] Steam propulsion; Moss-type tanks[5]

Incidents

In 2019, the WilForce was involved in a collision off the coast of Singapore.[7] The WilForce collided with the bulker Western Moscow, owned by Ratu Shipping. A court found the bulker primarily liable for the collision, which caused $17.6 million in damages.[8] The company stated that no bunker fuel was spilled and that the LNG tanks were empty at the time.[7][8]

References

  1. ^ "Awilco LNG ASA / Nye aksjenoteringer / Notering / Oslo Børs - Oslo Børs". Oslo Stock Exchange. 6 September 2011. Retrieved 4 April 2014.
  2. ^ "Awilco LNG Fleet". Awilco LNG. Retrieved 4 April 2014.
  3. ^ a b Staff, LNG Prime (2022-11-25). "Awilco LNG secures new charter deal". LNG Prime. Retrieved 2023-01-09.
  4. ^ "Awilco LNG sells WilPower". Offshore Energy. 2015-07-01. Retrieved 2023-01-09.
  5. ^ a b c "Newbuild AWILCO LNG Carrier Sold to Teekay, Chartered Back". MarineLink. 2013-12-10. Retrieved 2023-01-09.
  6. ^ a b "Awilco LNG ASA Sales LNG Carriers WilGas and WilEnergy". www.vesselfinder.com. Retrieved 2023-01-09.
  7. ^ a b Rathore, Ankit (2023-01-09). "Market Movers Asia, Jan. 9-13: China's export quotas to boost oil product supply in Asia". www.spglobal.com. Retrieved 2023-01-09.
  8. ^ a b Dixon (g_dixon), Gary (2022-05-24). "'We f***ed up!': who was to blame in £14m Awilco LNG collision case? | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2023-01-09.