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4th Quarter report 2015

29.02.2016
Solvangs 4th Quarter report 2015 has now been released.

Highlights;
  • Continued strong LPG market.
  • Earnings from shipping activities of NOK 48.8 million, up from NOK 27.1 million in fourth quarter 2014.
  • Earnings from ship owning companies of NOK 59.2 million, an all-time high
  • Earnings before tax of NOK 44.9 million, up from NOK 31 million in fourth quarter 2014.
  • Solvang with partners took delivery of MGC Clipper Odin in November 2015; vessel is on a 5 year TC on ammonia.
  • 791 days without lost time incidents (LTI), and only 4 LTI in the last 8 years.
  • The Board proposes a dividend of NOK 1.0 per share, and an extraordinary dividend of NOK 1.0 per share due to the record high earnings. A total of NOK 2.0 per share.
To get the full report, folow the link below

Report 4th Quarter 2015

 
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