Klaveness

Klaveness Combination Carriers May Order Two More CLEANBUs

Business & Finance

Klaveness Combination Carriers (KCC), part of Norway’s shipping company Torvald Klaveness, has secured options for the construction of additional combination carriers.

Illustration; Image Courtesy: Klaveness

On September 27, 2019, KCC entered into agreements with China’s Jiangsu New Yangzi Shipbuilding giving KCC the option to contract an additional two CLEANBU vessels.

The duo also concluded agreements for new declaration and delivery dates of the current outstanding options for the four CLEANBU ships.

The six fixed price options with expiry from February 2020 to January 2021 have scheduled delivery dates between September 2021 and November 2022, the company said.

Last week, KCC took delivery of its third CLEANBU vessel, MV Barramundi. The 82,400 dwt newbuild departed New Yangzi Shipyard two days ago, commencing its first employment.

The company currently owns and operates a total of nine CABU and three CLEANBU combination carriers with another five CLEANBUs on order. They are slated for delivery between February 2020 and February 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. In wet mode the CABUs are designed to carry heavy liquid cargoes, such as caustic soda solution, while the CLEANBUs are designed to carry both clean petroleum products and caustic soda.