Solvang helps Steensland Group achieve second-best annual profit

LPG carrier owner Solvang helped Steensland Group companies record the second-best combined annual profit in the Norwegian outfit's history.

The group made a pre-tax profit of almost NOK 1bn (about $100m) last year, according to the annual report for 2019, which has just been made publicly available.

That compares to a profit of NOK 202m in 2018 and the group record, NOK 1.06bn