Klaveness Combination Carriers (KCC) has signed a two-year time charter that takes one of its specialised vessels out of the combined dry-wet trading that is the company’s speciality.

Chief executive Engebret Dahm acknowledged that the move will affect his fleet’s carbon efficiency, and told TradeWinds “extreme markets” are to blame for the one-off deal.

“In the context of the current market and our relationship with the charterer, we found it the right thing to do,” he said.