Norway’s Klaveness Combination Carriers (KCC) has seen rates for its versatile ships hit record rates, but maintenance off-hire hurt the bottom line.
The Oslo-listed owner of vessels that carry both wet and dry cargoes called the first-quarter performance “solid”, with “historically high efficiency for the Cabu fleet and high tanker trading” for the Cleanbus.
Net earnings dropped to $26m from $28.2m
