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