“We want to focus on our core business such as specialised combined carriers and the Bavang does not fit well into this picture.”

Torvald Klaveness chief executive Lasse Kristoffersen explains the reason behind his company’s last sale.

Klaveness nears last kamsarmax sale

“On a general level there has been buying interest from traditional heritage shipping names, from Far East buyers and also from buyers that have returned to the market after a period of inactivity.”

Steve