Norwegian owner Klaveness Combination Carriers (KCC) has revealed rising rates for its vessels in the fourth quarter, but it was not all plain sailing.
Time charter equivalent (TCE) earnings for the eight Cabu caustic soda and dry bulk vessels ended at $22,776 per day, and the eight Cleanbu oil products and dry bulk ships managed $24,460 per day.
This gave average earnings of $23,617 per day for the fleet, up $1,669 from the third quarter.