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● ● HIGHLIGHTS ¹ ) Awilco LNG achieved a net result of USD 5.1 million and earnings per share of USD 0.04 for third quarter , up from net result of USD 3.3 million and earnings per share of USD 0.02 in second quarter 2021 . ● ● W KEY FINANCIAL FIGURES ¹ ) AWILCO LNG Net freight income was USD 14.3 million in third quarter 2021 , up from USD 12.1 million in second quarter 2021 . In USD millions , unless stated otherwise Freight income Voyage related expenses EBITDA THIRD QUARTER 2021 EBITDA for third quarter ended at USD 10.8 million , up from USD 9.0 million in second quarter 2021 . Average net TCE for both vessels in third quarter was USD 78,000 per day . Vessel utilization in third quarter 2021 of 99 % , compared to 100 % in second quarter 2021 . Both vessels are at fixed term contracts until the start of second quarter 2022 at rates that secure significant positive cash generation over the period . Net profit / ( loss ) Total assets Total equity Gross interest - bearing debt Cash and cash equivalents Book equity ratio ( in % ) Q3 2021 14.7 0.3 10.8 5.1 355.3 114.8 234.6 23.1 32.3 % Q2 2021 12.7 0.6 9.0 3.3 354.4 109.7 239.3 17.1 30.9 % ¹ Please refer to definitions in Appendix A for descriptions of alternative performance measures Q1 2021 17.6 1.4 12.7 6.9 352.7 106.4 244.0 13.3 30.2 % Jon Skule Storheill , Chief Executive Officer , commented : " We are pleased to continue to deliver strong results on the back of our fixed rate contracts for both vessels , bringing the result for the first nine months of 2021 to USD 15.3 million and an average net TCE for the same period to USD 78,000 per day . With both vessels chartered out until the start of second quarter 2022 earnings can be expected to remain at this level for the next quarters and we are focused on capitalizing on the strong LNG freight market . " AWILCO LNG ASA INTERIM FINANCIAL REPORT THIRD QUARTER 2021 1/11 2020 35.6 5.0 18.1 ( 7.9 ) 352.6 99.5 248.7 12.6 28.2 %