Klaveness Combination Carriers Orders Two More CLEANBUs

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Klaveness CLEANBU carrier
Image Courtesy: Klaveness

Norwegian shipping company Klaveness Combination Carriers has declared options for the construction of two new combination carriers in China.

The company decided to order its seventh and eighth CLEANBU combination carriers with Jiangsu New Yangzi Shipbuilding.

The CLEANBU newbuilds, that would secure a 30-40% reduction in CO2, SOx and NOx emissions compared to standard tankers, are scheduled for delivery in January and February 2021.

Following the declaration, the company’s fleet will grow to 17 vessels within the first quarter of 2021. Klaveness Combination Carriers holds options for further vessels.

“We are pleased to grow the CLEANBU fleet further to eight vessels by early 2021 which will strengthen KCC’s service offering to the oil and petrochemical industry and enable the further expansion of the climate friendly CLEANBU service to new geographical markets,” Engebret Dahm, CEO of Klaveness Combination Carriers, said.

The new ships were ordered after the completion of a private placement with gross proceeds of NOK 350 million (USD 39.9 million) on May 15.

KCC will apply for listing at the Oslo Stock Exchange/Oslo Axess, with the first day of trading expected to be on or about May 22, 2019.

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