Klaveness Combination Carriers

Report Publication Announcement • Feb 28, 2025

KCC: Annual Report 2024

KCC: Annual Report 2024

Oslo, 28 February 2025 – Klaveness Combination Carriers ASA (“KCC”) today releases its 2024 Integrated Annual Report, marking another year of strong financial performance, solid safety statistics, and continued business resilience.

EBITDA reached USD 126.5 million, with a return on equity of 23% and a return on capital employed of 16%. While carbon intensity (EEOI) remained nearly 30% lower than that of standard vessels in the same trade, KCC’s EEOI of 6.6 fell slightly short of the 6.4 target and rose marginally from 6.5 in 2023.

The full report, attached and available on the company’s website, provides a comprehensive overview of our financial and sustainability performance, reinforcing our commitment to reducing our environmental footprint, enhancing social impact, and strengthening governance.

For further queries, please contact:

Engebret Dahm, CEO, Telephone +47 957 46 851

Liv Dyrnes, CFO and Deputy CEO, 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.