Oslo-listed LPG owner Solvang is set for a sharply lower rate for one of its modern large gas carriers (LGCs).

Sources say the 60,000-cbm Clipper Venus (built 2015) has been fixed by OCP for 12 months with an option for 12 more months at some $520,000 per month.

The ship, which was ordered at Hyundai Heavy Industries (HHI) for some $65m, is coming off a two-year charter to Koch at $1.3m