Norway's Klaveness Combination Carriers (KCC) is placing greater emphasis on tanker trades as it looks to reduce costs during the coronavirus pandemic.
Its Cabu ships, which carry caustic soda and dry cargo, logged time charter equivalent earnings of $20,283 per day in the first quarter.
The Cleanbu oil products and dry cargo ships achieved improved earnings of $20,932 per day on the back of a strong tanker market and despite weak dry bulk and fuel markets and the increasing operational impact of Covid-19.
