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Oslo - 27 April 2020 Klaveness Combination Carriers ASA (“KCC”) increases forward bookings in the current strong tanker market with the conclusion of a 9-12 months time charter of one CLEANBU vessel with delivery from the middle of May 2020. With this latest time charter, KCC’s fixed-rate tanker market coverage increases to around 90% for 2nd quarter of 2020 and around 55% for 2nd half of 2020. Extending one of the main caustic soda contracts of affreightment by 12 months Oslo - 28 April 2020 Klaveness Combination Carriers ASA (“KCC”) has extended one of its main caustic soda contracts of affreightment (COA) by 12 months with commencement 1 July 2020. The COA covers the “wet” capacity of 1-1.5 CABU vessels for the period. KCC’s total fixed-rate tanker market coverage is around 90% for 2nd quarter 2020 and with this COA the coverage increases to around 60% for 2nd half of 2020 and around 20% for 1st half of 2021. Klaveness Combination Carriers, press release
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