- 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.
Complete report for 3nd Quarter 2015 is enclosed.
Stavanger 3rd November 2015
Solvang ASA
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
