Business areas
The technical management of all the ships is taking place in-house at the company's headquarters in Stavanger. Chartering and operation of the company's ships is being done at our commercial office in Oslo. In addition, the company has a crew manning office in Manila, Philippines.
The operation of all the ships, both commercial and technical, is managed from the company's fully integrated shipping organization.
Semi-refrigerated/ethylene carriers
This segment includes semi-refrigerated, ethylene capable ships from 17,100 to 21,000 cbm. In this segment the Group has 7 ships operating in the spot market, and on short to medium term TC contracts (Aug 2025)
LGC
This segment is defined as fully refrigerated LPG ships from 59,000 to 60,000 cbm. The fleet consists of 8 LGC ships, all operating on TC of varying length (Aug 2025).
VLGC
This segment is defined as fully refrigerated LPG ships from 78,000 to 84,000 cbm. Solvang has 6 ships in this segment (Aug 2025). Tre Group has three Panamax VGC ships between 78,000 and 80,000 cbm, and two VLGC ships of 84,000 cbm.
The Panamx VLGC's are purpose-built for transporting LPG from the Atlantic Ocean and Gulf of Mexico to the west coast of Central America as well as the Far East. All vessels are currently on long-term contracts (Aug 2025).
The Group has ownership in seven 88,000 Panamax VLGC's on order from Hyundai Heavy Industries, scheduled for delivery from July 2026 to June 2027.