Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Price History  |  Ratios  |  Insiders

Avance Gas Holdings Ltd (EM) AVACF

Energy Industrials Oil & Gas Midstream Conglomerates
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. It transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Asia through the Panama Canal. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Holding Ltd.


EXPM:AVACF - Post by User

Avance Gas Holdings Ltd (EM)
Bullboard Posts
Next >>
User Avatar Image
(1)
•••
  • OTCLegendaX
Post by OTCLegendaon Sep 13, 2022 2:37pm
131 Views
Post# 34960043

In The business of transportation

In The business of transportation
business of transportation of liquified petroleum gas using very large gas carriers (VLGC).
 
As of Q1 2022, the company has a fleet of 13 VLGCs. Additionally, the company has four VLGC on order that are scheduled for delivery through 2023. This provides growth visibility.
 
A key reason to like Avance Gas is favorable industry dynamics. For Q1 2022, the company reported day-rate of $37,608 as compared to $27,631 in Q4 2021. With U.S. shale boom having boosted VLGC exports, the day-rate outlook seems positive.
Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities