Klaveness Combination Carriers

Report Publication Announcement • Mar 8, 2024

KCC: Annual Report and ESG Performance Report 2023

KCC: Annual Report and ESG Performance Report 2023

Oslo, 8 March 2024: Klaveness Combination Carriers ASA (“KCC”) today releases its Annual Report and ESG Performance Report for 2023, a record year in every arena. EBITDA was USD 134.9 million for the year 2023, up 26% Y-o-Y, and a reduced carbon intensity (EEOI) of 6% from 2022.

The full reports, attached and available on the company’s website, reflect our dedication to sustainable shipping practices and highlight our ambitions and milestones in our continuous commitment to reduce our environmental footprint, enhance our social impact, and strengthen our governance.

Engebret Dahm, CEO, Telephone: +47 957 46 851

Liv Dyrnes, CFO, Telephone: +47 976 60 561

About Klaveness Combination Carriers ASA:

KCC is the world leader in combination carriers, owning and operating eight CABU and eight CLEANBU combination carriers with three CABU vessels under construction for delivery in 2026. 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.