Norway’s Klaveness Combination Carriers (KCC) has logged its best-ever quarterly earnings as product tanker markets spiked.
The Oslo-listed owner of ships that carry both oil products and dry cargo said its average fleet time charter equivalent (TCE) earnings were $30,235 per day, the highest level since 2011.
And the company expects the third quarter to be even better, with six new oil product clients having been added so far this year for the Cleanbu vesssels.
