Klaveness Signs COA for CLEANBUs
Norwegian shipping company Klaveness Combination Carriers (KCC) has signed a Contract of Affreightment (COA) with a Australian importer and distributor of clean petroleum products (CPP) for its new generation of combination carriers, the CLEANBUs.The COA, which was signed by a Klaveness subsidiary, covers multiple cargoes over a period of up to 12 months with commencement within 2nd quarter 2019, said a press release from the newly formed KCC, which is 63% owned by Klaveness Ship Holding.KCC’s Managing Director Engebret Dahm said: "The COA is an important milestone for the introduction of the CLEANBU vessels and the validation of the CLEANBU concept in the CPP market.
Klaveness Combination Carriers Orders Fifth Carrier
Norwegian shipping company Klaveness Combination Carriers (KCC) has declared an option for the construction of a combination carrier with Jiangsu New Yangzi Shipbuilding Co., Ltd in China. The delivery date is scheduled for second quarter 2020. KCC already has four sister vessels under construction at the same yard with delivery in 2018-2020. Following the declaration, the KCC fleet will grow to 14 vessels by 2020. The company holds options for further vessels. "Our fleet of combination carriers and container vessels set standards for efficient and environmentally friendly shipping. Klaveness has a history of developing innovative ship designs, challenging the status quo of sea transport," says the dry bulk owner company.
Dry Bulk, Container Markets Strengthened in 2017: Torvald Klaveness
The tanker market remained subdued, while the dry bulk and container markets strengthened during 2017, said Norwegian shipping company Torvald Klaveness. Torvald Klaveness managed to improve its financial results in 2017, but they “were still not at a satisfactory level”, Torvald Klaveness said. Earnings before tax (EBT) for 2017 ended at a loss of USD -2 million. Torvald Klaveness maintained a high solidity and good liquidity in 2017. Stronger markets resulted in improved results for the container segment and the dry bulk segment compared to 2016. The combination carriers continue to deliver satisfactory results, although impacted by a weak tanker market.
