Newly-listed Klaveness Combination Carriers has reported a profit for the third quarter.

The company logged a profit of $1.3m in the three months to the end of September, to take its bottom line for the first nine months of 2018 to $8.8m.

Engebret Dahm, managing director Klaveness Combination Carriers, said the company delivered positive results despite a weak product tanker market and a mediocre dry bulk market.