Solvang ASA dates back to 1936. From very modest beginnings, the shipping company has now developed into one of the worlds leading transporters of LPG and petrochemical gases. Solvang ASA has its headquarters in Stavanger, with offices in Oslo and the Philippines.----Solvang has a fleet of modern and efficient vessels, all built in the accordance with the most up to date specifications and fitted with new and efficient technology. Perhaps of greater importance than the modern technology is the way in which the vessels are operated the people onboard. Good seamanship represents the very core of our business, and we place a firm focus on this area in the form of education, working on attitudes and training.------On every single sailing, we are required to demonstrate the full range of our experience and expertise. Our strength lies in reliable, high-quality deliveries. It is our goal to maintain a steady course towards the future, at the same time as making good use of the experience we have gained.--Business areas--The company is involved in three main segments for the transport of LPG and petrochemical gases: 12,000-21,000 cbm semi refrigerated/ethylene ships, 60,000 cbm fully refrigerated LPG ships and 75,000-84,000 cbm LPG fully refrigerated ships.----The technical management of all the ships is taking place in-house at the companys headquarters in Stavanger. Chartering and operation of the companys ships is being done at our commercial office in Oslo. In addition, the company has a crew manning office in Manila.-- Semi-refrigerated/ethylene carriers--This segment includes semi-refrigerated, ethylene capable ships from 12,000 to 21,000 cbm. We have ten ships in this segment, where four are under construction for delivery in 2019. The ships operate with a mix of spot market, or on various COA and other shorter time charters.--LGC--This segment is defined as fully refrigerated LPG ships of 60,000 cbm. We have a total of nine ships in this segment. Two ships are on long term time charters, while the other seven are fixed on short to medium long time charters.----In addition the company controls one fully refrigerated mid-size LPG carrier of 38,000 cbm that is fixed on a long term time charter. ----Panamax and VLGC--This segment consist of seven VLGC, where four is of Panamax size of 75.000-78.700 cbm, one 82.000 cbm and two 84.000 cbm. All ships are on time charters from short, medium to long term.--The way we care about our employees is a benefit for our clients--Experienced and well qualified people are our strongest and most valuable asset. It is important how our ships are manned and how they are managed. Good performance by our employees is the core of our business, a key to success and something we focus on through education, building positive attitudes and continuous training. By building a strong Solvang culture we strengthen our team of well qualified and experienced employees who identify with the company. The result is a stable workforce and a safe, well run and attractive work place.
