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.3rd Quarter report 2017
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Source: Solvang via GlobeNewswire
HUG#2147787