Klaveness Combination Carriers

Regulatory Filings • Oct 13, 2020

KCC: Delivery of the fifth CLEANBU vessel

KCC: Delivery of the fifth CLEANBU vessel

On October 13 2020, Klaveness Combination Carriers ASA (“KCC”) took delivery of the MV Bangus from New Yangzi Shipyard in China. The MV Bangus is the fifth of in total eight contracted CLEANBU combination carriers.

The CLEANBUs are unique vessels both in terms of design, their unprecedented environmental performance, operational and technical efficiency. These vessels have up to 40% lower CO2 emissions per ton mile transported cargo compared to standard vessels, in line with IMO’s 2030 targets for shipping.

The start of trading of MV Bangus will be delayed due to COVID-19 travel restrictions and quarantine regulations impacting the mobilization of crew. She is scheduled to load her first cargo of clean petroleum products in mid-November.

With the delivery of the MV Bangus, Klaveness Combination Carriers will operate a fleet of 14 combination carriers.

About Klaveness Combination Carriers ASA:

KCC is the world leader in combination carriers, owning and operating nine CABU and five CLEANBU combination carriers with another three CLEANBU combination carriers on order for scheduled delivery in 2021. KCC’s combination carriers are built for transportation of both wet and dry bulk cargoes, being operated in trades where the vessels efficiently combine dry and wet cargoes with minimum ballast. Through their high utilization and efficiency, the vessels emit up to 40% less CO2 per transported ton compared to standard tanker and dry bulk vessels in current and targeted combination trading patterns.