Norwegian gas shipowner Solvang has added to its orderbook at HD Hyundai Heavy Industries by exercising an option for the construction of two more 88,000 cu m LPG carriers.
In a regulatory filing last week, the holding company of the South Korean yard, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), said the European owner had booked the VLGC duo for delivery in 2027.
Clarksons Research has placed Solvang behind the deal, worth around $215m, bringing the Stavanger-based owner’s series at the yard to five units.
VesselsValue data shows that in addition to the latest order and the three scrubbed-fitted VLGC newbuildings booked in July for about $106.6m each, Solvang’s owned fleet currently stands at 22 ships.
