BW profit down on VLGC freight rates

BW Gas has posted net profit of $0.8 million for the second quarter of 2008, down from $3.5 million last year, due to lower freight rates and increased bunker rates for its VLGC fleet.

Down: BW profit drops by $2.7m
Down: BW profit drops by $2.7m
Published 13 August 2008, 08:26Updated 9 July 2012, 06:20