3rd Quarter report 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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News Archive

Making Heavy Fuel Oil Clean

Exhaust gas recirculation (EGR) combined with previous measures reduces NOx emissions from heavy fuel oil by up to 80 % in a typical LPG tanker. The concept is a potential game changer for Norwegian domestic shipping.

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The greenest and most fuel efficient VLGC ever

clipper posh 1

Solvang’s new-builds (84k cbm) at Hyundai Heavy Industries are two of the most fuel efficient LPG carriers ever built, in addition they are some of the world’s largest ships for transporting liquefied petroleum gas.

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