Weaker tanker markets meant it was a mixed third quarter for Norway’s Klaveness Combination Carriers (KCC) in terms of rates.
The Oslo-listed company said preliminary earnings figures show the Cabu caustic soda and dry bulk cargo ships averaging $37,134 per day.
This is up $2,630 from the second quarter and $3,130 higher than the mid-point of its guidance range, due mainly to higher caustic soda and dry bulk earnings.