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3rd Quarter report 2017

09.11.2017
Solvangs3rd quarter financial report 2017 has now been released

Key events;
  • Earnings from shipping activities at a profit of NOK 1.4 million.
  • Baltic LPG index at low levels throughout third quarter 2017.
  • Delivery of one Panamax VLGC from Hyundai Heavy Industries – “Clipper Vanguard”.
  • Total average technical off-hire per vessel of only 0.5 days by end of third quarter 2017.
  • Continued strong HSE results with only 5 minor LTI in the last 9 years, and a LTIF of 0.24.

Complete report for 3rd quarter can be found here
 
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