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Solvang orders ethylene carriers

Solvang orders ethylene carriers

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Solvang and partners have today signed a letter of intent with South Korea’s Hyundai Mipo Dockyard for the construction of two firm and two optional 21,000 cu m ethylene carriers for delivery in the first half of 2019.

The final agreement is subject to satisfactory technical specifications and contractual terms, with a deadline set for late March this year.

The ships are designed for the future with full exhaust gas cleaning and Tier III compliance, giving high flexibility with regards to existing and future environmental regulations,” Solvang noted in a release to the Oslo Bors.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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2 Comments

  1. Sérgio Lamarca leite
    February 24, 2017 at 1:44 am

    Dear Sam.

    Can you give me a approximately price idea?

  2. Sam Chambers
    Sam Chambers
    February 24, 2017 at 8:33 am

    Price not made publically available I am afraid, Sergio