Sticks and carrots in Klaveness 'sustainability COA' still to be determined

A new long-term contract meant to promote decarbonisation still has its commercial blanks to be filled in, according to Klaveness Combination Carriers (KCC).

"It's a framework for working together over the long contract duration," KCC chief executive Engebret Dahm told TradeWinds.

He was speaking of the recently announced six-year contract of affreightment (COA) to carry caustic soda for long-term client South32.