Klaveness Combination Carriers (KCC) has secured what it says is the first sustainability-linked bank financing in conventional Norwegian shipping.

The Oslo-listed owner of vessels that can carry both tanker and bulker cargoes is borrowing $60m to fund the seventh and eighth in its series of 83,500-dwt Cleanbu newbuildings due out from Jiangsu New Yangzijiang Shipbuilding in China in 2021.