1983 – 1992, Independent investment company

”Penelope of York” and ”Sanko Presitge” return.
April 26, the company demerges.
Skips AS Activ (Brødrene Olsen AS) takes over 49 percent of the company assets and liabilities, while Skips AS Gezina (Th. Brødvig in Farsund) takes over 46 percent.
The share capital is reduced from NOK 3 million to NOK 150 000. The share capital is subsequently increased by NOK 2,85 million to NOK 3 million.

July 9, LPG/C “Kongsgas” is purchased and taken over at Rafnes.
The accommodation rig “Henrik Ibsen” is sold.
1985 The company A. Gowart-Olsen & Co resigns as manager, and is followed by the company C. Gowart-Olsen & Co.


July 1, the company C. Gowart-Olsen & Co. resigns as manager, while Arild Ertvaag is hired and takes over as new manager.
The Gowart-Olsen period in the company ends.
September 2, LPG/E/C “Clipper Gas” is purchased and taken over.
Ships are being managed by the Inge Steensland controlled company Clipper Shipping AS.


The company’s office is moved to “Solvang House” in Knud Holmsgate 14.
September 28, LPG/C “Clipper Lady” is purchased and taken over.

February 28, Inge Steensland buyst 64 percent of the company’s share capital.
September 7, The Panamax bulker “Clipper Star” is purchased and taken over.


March 25, LPG/C “Clipper Sea” is purchased and taken over.

"Kongsgas" (built 1976) was purchased and delivered in 1984.
"Clipper Gas" was purchased and taken over in 1987.
"Clipper Sea" was purchased and taken over in 1990.