SOLVANG ASA. Installation of EGC (scrubber) and EGR on Clipper Harald

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1 Installation of EGC (scrubber) and EGR on Clipper Harald

2 Agenda Solvang Clipper Harald EGC + EGR project 5. februar

3 Solvang Mission Statement Solvang aims to be an industry leading provider of LPG and petrochemical tonnage to our clients in the safest, cleanest and most cost-effective manner. A modern fleet and highly trained and motivated employees, combined with financial, operational and technical ability, will allow Solvang to pursue this vision and create long-term growth and profitability. Vision Industry leading provider of LPG and petrochemical tonnage

4 A family controlled company traditional innovative a long term shipping partner 5+2 VLGC HQ Chartering Crewing 9 LGC Crewing 1 MGC 6 Ethane / Ethylene - Listed on Oslo stock exchange since % owned by Steensland Brun family - A long term industrial shipping partner

5 A shipping partner with all core elements in-house, not outsourced to management companies A fully integrated shipping company, with technical expertise, crewing and commercial in-house

6 Pioneers in vessel configuration and size First to order cbm ethylene vessels, delivered First to order Panamax VLGC, now 50% of existing market Worlds largest LGC player, first to design and order Bosporus-max vessels Worlds first LPG vessel with full scale exhaust gas cleaning system, now 6 vessels

7 USD million per month Global leader in the Large Gas Carrier segment Niche market with few competitors Cargo size fit with key ports in Europe, Black Sea, Caribbean, US and Africa Vessel size fit with Panama canal, Bosporus and certain US ports 10% lower investment compared to VLGC 15% historically higher earnings compared to VLGC INGE STEENSLAND AS LGC 1 yr TC east 3 Kawasaki build LGC from Hyundai build LGC from Hyundai build LGC from 2015 Bosporus-max Exhaust gas cleaning

8 Pioneers in Seaborne Ethane transportation only company in the world with 38 years experience Heros 12,000 cbm - from 1977 Clipper Harald, cbm - from 2001 More than 1,200,000 nautical miles without incidents or technical off-hire. 38 years in the North Sea, the toughest sea conditions in the world. Over 3000 cargoes lifted.

9 Diverse experience from Ethylene and Ethane, to LPG and Ammonia with LGC and VLGC ships Ship type Ship size Number of ships VLGC 75-84,000 cbm 5 LGC 50-65,000 cbm 9 Ethylene 12-17,000 cbm Fleet Age Average age 6 years MARKET SHARE LGC FLEET 60,55 % 39,45 % SOLVANG OTHERS

10 Key contracts add credence to Solvang as a natural partner in long term industrial shipping - Ethylene COA from More than 2 million tons lifted without incidents - 7 ships on medium to long term LPG TC - Including 20 years ethane contract until ships on medium to long term TC - 3 ships on medium to long term TC - 1 ship on ethylene TC

11 Solvang fleet list 23 vessels Ethylene / Ethane LGC / MGC VLGC Clipper Viking cbm, 1998 Clipper Star cbm, 2003 Clipper Sun cbm, 2008 Clipper Harald cbm, 1999 Clipper Moon cbm, 2003 Clipper Sirius cbm,2008 Clipper Hebe cbm, 2007 Clipper Sky cbm, 2004 Clipper Victory cbm,2008 Clipper Helen cbm, 2007 Clipper Orion cbm, 2008 Clipper Quito cbm,2013 Clipper Hermes cbm, 2008 Clipper Neptun cbm, 2008 Clipper Posh cbm,2013 Clipper Hermod cbm, 2008 Clipper Mars cbm, 2008 Hull cbm,2017 Clipper Jupiter cbm, 2015 Hull cbm,2017 Clipper Saturn cbm, 2015 Clipper Venus cbm, 2015 Clipper Odin cbm, 2005

12 Solvang Gas Carrier for the future EGR Project Solvang started to work with LPG carrier for the future in 2010 Type of fuel Design criterias Lowest possible fuel consumption and exhaust gas emmisions. Low opex 2011 ordering of Clipper Quito/Clipper Posh Clipper Quito awarded as the first ECO LPG carrier in Clipper Quito first vessel in the world equipped with full scale Exhaust Gas cleaning and full term IAPP certificate with EGC Clipper Harald uppgrade Retrofit Clipper Jupiter, Clipper Saturn and Clipper Venus 2015

13 Clipper Harald Built 1999 Cargo capacity M3, 104 C Length 146 m DW tonn Main engine 7800 kw Aux engine. 3 * 1040 Kw

14 NOx Cleaning If wee could combine the Exhaust gas cleaning system with Exhaust Gas Resirculation wee would have a very simpel and low cost Nox controll system. Solvang has 6 Vessel with EGC Discussion with MAN and Wartsila 2011/2012 MAN has High Pressuren EGR and not resources for developing Low Pressure EGR. But could act as a consult to Solvang

15 Clipper Harald EGC+EGR project Contract with retrofit of EGC on Clipper Harald end of 2013 Innstallation of EGC and Heat recovery on Clipper Harald September/October 2015 Remontova Polen Engine prepeared for LP EGR Turbocharger Air reciver Air cooler box

16 EGR project Clipper Harald (IAPP ) EGC Continuous running since mid December 2014 Installation of EGR system Q Pipes, valves, fan, filter etc. EGR Control system etc Testing summer august sept 2015 Ordinary running since 1 of October MARINTEK NOx measurement end Dec 2015.

17 Exhaust gas cleaning -- Principles 5. februar

18 Exhaust gas cleaning-scrubber 5. februar

19 Screen shoot EGC control and monitoring system 5. februar

20 5. februar

21 NOx control Two main techniques EGR SCR 5. februar

22 MAN B&W Tier III Compliance Low Speed Engines 5. februar

23 Selective Catalytic Reduction system for reducing NOx emissions installed on an MAN B&W 6S35MC diesel engine 5. februar

24 Solvang EGR: Clipper Harald 5. februar

25 Solvang LP EGR Principle

26 EGC lay-out

27 Scrubbers

28 Recidence tank

29 EGC innstallation

30 Remotova Job completed

31 Turbocharger EGR inlet + EGR outlet

32 EGR Fan + Filter

33 Clipper Harald Engine modification NOx optimization First test with EGC + EGR 1 of october februar

34 NOx measurement

35 Cylinder innspection 1000 running hour

36 Summary-Conclusion Results 1000 running hours System designed to run 20 % EGR (need apr 35% too reach TIR III) Technically the systems works very well Need modification to reach TIRIII More frequent cleaning of turbocharger and air cooler to ensure good operation Improved particel removal in EGC will decrease need of cleaning

37 Furter work Continous running to gain long term experience Critical components Compressor wheel (may need another material) Air cooler (may need another material) Improve EGC soot and SO3 removal (?) Automatisation of cleaning Compressor and air cooler

38 Thank you for listening

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