Concluding a 9-12 months time charter on one CLEANBU vessel

Oslo - 27 April 2020

Klaveness Combination Carriers ASA (“KCC”) increases forward bookings in the current strong tanker market with the conclusion of a 9-12 months time charter of one CLEANBU vessel with delivery from the middle of May 2020.

With this latest time charter, KCC’s fixed-rate tanker market coverage increases to around 90% for 2nd quarter of 2020 and around 55% for 2nd half of 2020.


Extending one of the main caustic soda contracts of affreightment by 12 months

Oslo - 28 April 2020

Klaveness Combination Carriers ASA (“KCC”) has extended one of its main caustic soda contracts of affreightment (COA) by 12 months with commencement 1 July 2020.

The COA covers the “wet” capacity of 1-1.5 CABU vessels for the period.

KCC’s total fixed-rate tanker market coverage is around 90% for 2nd quarter 2020 and with this COA the coverage increases to around 60% for 2nd half of 2020 and around 20% for 1st half of 2021.

Klaveness Combination Carriers, press release