1983 - 1992 - Solvang ASA

1983 – 1992, Independent investment company

1983
”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.

1984
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.

1987
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.

1988
The company’s office is moved to “Solvang House” in Knud Holmsgate 14.
September 28, LPG/C “Clipper Lady” is purchased and taken over.

1989
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.

1990
March 25, LPG/C “Clipper Sea” is purchased and taken over.