Oslo-listed Solvang, which owns stakes in various shipowningventures, reported net earnings of NOK 11.3m ($1.85m) for the period compared to NOK 29mfor the third quarter of 2012.
The result was mainly down to a NOK 10.8m dip in revenue forits ethylene carriers as well as gains in the value of assets in the thirdquarter of last year.
Total freight income dipped by NOK 5m to NOK 50m as higher earningsfor large and very large gas carriers were offset by the weaker ethylene segmentwhich came to a standstill in the quarter.
Reduced
