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Solvang signs LOI for two new ships

Solvang and partners have today signed a LOI with Hyundai Mipo Dockyard for the construction of 2 firm + 2 optional 21.000 cbm ethylene carriers for delivery Q1 and Q2 2019.

Final agreement is subject to satisfactory technical specification and contractual terms, with deadline set for late March 2017. 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.