The company is involved in three mainsegments for the transport of LPG and petrochemical gases: 12,000-17,000 cbm semi refrigerated/ethylene ships, 60,000 cbm fully refrigerated LPG ships and 75,000-84,000 cbm LPG fully refrigerated ships.
The technical management of all the ships is taking place in-house at the company’s headquarters in Stavanger. Chartering and operation of the company’s ships is being done at our commercial office in Oslo. In addition, the company has a crew manning office in Manila.
This segment includes semi-refrigerated, ethylene capable ships from 12,000 to 17,000 cbm. We have six ships in this segment, where one ship is on a long term time charter, and the remaining five operate in the spot market, or on various COA and other shorter time charters.
This segment is defined as fully refrigerated LPG ships of 60,000 cbm. We have a total of nine ships in this segment. Two ships are on long term time charters, while the other seven are fixed on short to medium long time charters.
In addition the company controls one fully refrigerated mid-size LPG carrier of 38,000 cbm that is fixed on a long term time charter.
Panamax and VLGC
This segment consist of five VLGC, where two is of Panamax size of 75.000 cbm, one 82.000 cbm and two 84.000 cbm. All ships are on time charters from short, medium to long term. In addition the company is building two more Panamax VLGC’s that will be delivered in 2017 and go straight onto long term time charters.
Semi-ref/ethylene carrier "Clipper Hebe" of 17,100 cbm.
LGC carrier "Clipper Sky" of 59,300 cbm.