In the Oslo-quoted operator’s fourth-quarter earnings report it argued that 2014 will “go down in history as the strongest VLGC market ever”.
Solvang noted that the recent completion of two 84,000-cbm newbuildings was well timed as these allowed the company cash in on the rally in freight rates.
This helped the operator rake in a full-year pre-tax profit of NOK 108.4m ($14.2m),
