Solvang: 3rd Quarter report 2017


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 2017 is enclosed.

Stavanger 7th of November 2017
Solvang ASA

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Attachments

3rd Quarter report 2017