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Monday, 31 August 2026 Reading Room

Finance & Markets

AVANTE ANNOUNCES FIRST QUARTER FISCAL 2027 RESULTS: ACHIEVES REVENUE OF $10 MILLION WITH 128% INCREASE IN ADJUSTED EBITDA

Avante achieved 14.4% year-over-year revenue growth in the first quarter of fiscal 2027, reaching $10.0 million, and Adjusted EBITDA of $0.8 million, an increase of 127.9% as compared to the prior fiscal year’s first quarter. The Company’s growth was driven by its Protective Services division, which experienced an increase of 16.7% in revenue compared to […]

financialpost.com ·

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LNG Shipping Remained Under Pressure Last Week

LNG The LNG market remained under pressure this week, with Atlantic rates facing pressure as vessel availability continues to grow against limited cargo opportunities.

  • Atlantic LNG rates faced challenges as vessel availability grew
  • BLNG1 Australia–Japan route rates decreased by $12,800 week-on-week
  • LPG market was quieter than usual with limited activity reported

·hellenicshippingnews.com

MEPC 85: Greek shipowners back Liberia-Panama proposal ahead of IMO talks

The Union of Greek Shipowners (UGS) wants emission targets determined by what the bunker market can actually supply, ahead of IMO talks on 1 September.

  • Greek shipowners UGS supports Liberia-Panama proposal for IMO talks.
  • UGS believes emission targets should align with bunker market availability and pricing.
  • UGS welcomes proposal's focus on vessel energy efficiency and targets.

·hellenicshippingnews.com

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