Klaveness Combination Carriers AS ( (DE:36K) ) has provided an announcement.
Klaveness Combination Carriers reported preliminary TCE earnings for Q1 2025, with CABU and CLEANBU fleets achieving $22,346 and $22,449 per day, respectively. Despite a decline from Q4 2024, the earnings were within the high end of the guiding range. The company is cautious about potential impacts from proposed US tariffs, especially concerning their Chinese-built vessels, and is monitoring the situation closely.
More about Klaveness Combination Carriers AS
Klaveness Combination Carriers ASA (KCC) is a global leader in the combination carrier industry, specializing in owning and operating vessels that transport both wet and dry bulk cargoes. The company operates eight CABU and eight CLEANBU combination carriers, with three additional CABU vessels under construction. These carriers are designed for efficient trading, minimizing ballast and reducing CO2 emissions by up to 40% compared to standard vessels.
YTD Price Performance: -24.83%
Average Trading Volume: 1,356
Technical Sentiment Signal: Strong Buy
Current Market Cap: €291.7M
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