seven vlgcs including two under construction nine lgcs of which three have been delivered from hhi in 2015 and six ethane ethylene carriers . since 2008 the company and partners have invested more than usd 1.4 billion in new ships giving a very modern fleet with an average age of about 7 years . the company s headquarters are in stavanger on the norwegian south west coast with a commercial and operational team sitting in oslo . our focus is to build own and manage our fleet in a life cycle perspective with a 20 25 year investment horizon . we do not use fleet management companies to run our ships everything is done in house in stavanger and in oslo . in addition we have our own crewing office in the philippines . to us proper crew manning and training are essential factors and we re proud of our track record having zero lti lost time incident frequency and outstanding vetting results . our main goals are be the preferred carrier of lpg and pet.chem world wide to have happy motivated and proactive employees be profitable long term be a csr leading company newsmaking heavy fuel oil cleanexhaust gas recirculation egr combined with previous measures reduces nox emissions from heavy fuel oil by up to 80 % in a typical lpg tanker . the concept is a potential game changer for norwegian domestic shipping . read more new offices for solvang s oslo branch solvang s operation and commercial team has moved offices across the street from haakon vii s gt 1 to haakon vii s gt 6 . the new offices are located on the 5th floor . read more 2nd quarter report 2016 solvangs 2nd quarter financial report has now been released . read more 1st quarter report 2016 solvangs 1st quarter report 2016 has now been released . read more news archive