Investment Giant BlackRock Targets Growth in Clean Gas Shipping as It Signs LPG Venture with Solvang
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Solvang and BlackRock’s GIP form liquefied gas shipping firm
Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have established a liquefied gas shipping joint venture. The new 50:50 joint venture will be named Solvang Gas Carriers. It will initially own Solvang’s fleet of 13 VLGCs designed to transport LPG and ammonia, and will pursue growth across LPG, ammonia, ethane, and CO2 shipping. …
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