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Klaveness Combination Carriers Posts Q3 Earnings

Klaveness Combination Carriers Posts Q3 Earnings

Klaveness Combination Carriers AS (DE:36K) has released an update.

Klaveness Combination Carriers AS reported mixed TCE earnings for Q3 2024, with the fleet average falling $4,300 per day from Q2 but still $1,900 above the high end of their forecast. CABU earnings exceeded expectations due to strong index-linked caustic soda contracts, although they dropped $8,000 per day from Q2, while CLEANBU earnings were strong, surpassing the high end of the forecast by $3,200 despite a weaker product tanker spot market. The full Third Quarter Report will be released on October 30, 2024.

For further insights into DE:36K stock, check out TipRanks’ Stock Analysis page.

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