Solvang ASA and partners have contracted one further LPG vessel of 60,000 cbm at Hyundai Heavy Industries in Korea. The vessel will be delivered in fourth quarter 2008.
This is the third 60.000 cbm vessel ordered at Hyundai. The two first vessels will be delivered to Solvang in second quarter and third quarter 2008.
Solvang ASA will be the managing owner, and will have a 30 percent ownership share in the vessel