The versatile ships of Oslo-listed Klaveness Combination Carriers (KCC) suffered big rate drops in the fourth quarter but stayed ahead of conventional tanker earnings.
Average time-charter equivalent earnings for the wet and dry cargo ships were $28,527 per day, about $1,700 lower than the mid-point of the guiding range, and $5,500 lower than in the third quarter.
Preliminary figures for the caustic soda and dry bulk Cabu vessels were $28,988 per day.