Norway’s Solvang has declared an extraordinary dividend for the fourth quarter on the back of record earnings from its shipowning companies.

The Oslo-listed owner said net profit for the three months to December was NOK 47.6m ($5.5m), NOK 20m more than the corresponding quarter of 2014.

Earnings from shipowning companies were NOK 59.2m, the highest ever figure posted in a single quarter, it said.

Strong