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Solvang Shipping 2012

2012 has been a good year for the shipping activity, where the market for the VLGCs (Very Large Gas Carrier) has been volatile, but with an average that indicates a mid-cycle year. For the LGC (Large Gas Carrier) segment, the market is more stable, with all the vessels on shorter / longer time charter with a positive trend in freight rates. For the ethylene segment, the market has varied between quarters, but with an overall high level of exports from the Middle East, it has been a good year. Read more

Investments in fleet (mill USD)

investment b2013

Average age of vessels (years)

solvang age 2012