Solvang: We disagree on the strategy

Disagreements concerning the future strategy for the joint venture with Evergas led Solvang to request the collaboration dissolved, says Solvang CEO Edvin Endresen to ShippingWatch.

BY KATRINE GRØNVALD RAUN

Norwegian shipping company Solvang and French Evergas are disagreeing strongly on whether to continue operations of joint venture Evergas Solvang KS, which operates 12 ethylene tankers from an office in Copenhagen. Solvang wants out, Evergas wants to stay in, said the two companies in separate statements the other day.

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Solvang: We disagree on the strategy

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs