3rd Quarter report 2015

Solvangs 3rd Quarter report has now been released

  • Continued strong LPG market.
  • Earnings from shipping activities of NOK 55.4 million, all-time high and up from NOK 25 million in third quarter 2014.
  • Earnings before tax of NOK 56.7 million, up from NOK 26.2 million in third quarter 2014.
  • Solvang, with partners, has ordered two panamax VLGCs from Hyundai Heavy Industries in South Korea, with delivery second and third quarter 2017. Both ships will go on 10 year timecharter to an Oilmajor.
  • 699 days without lost time incidents (LTI), and only 4 LTI in the last 8 years.
To get the full report, follow the link below

Report 3rd Quarter 2015
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News Archive

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