Klaveness Combination Carriers ASA (KCC) capitalizes on the current strong tanker market to further increase its tanker market coverage. 

Klaveness Combination Carriers ASA continues to increase tanker market coverage in a strong tanker market

A second CLEANBU vessel has been fixed on a 3-6 months T/C for delivery within April. Including this T/C fixture, KCC’s fixed-rate tanker market coverage increases to around 85% for 2nd quarter of 2020 and close to 40% for 2nd half of 2020. 

With solid contract coverage, a strong financial position and flexible vessels suitable for both the wet and dry markets KCC is well prepared for potential negative effects from the ongoing COVID-19 situation.

Source: KCC