Oslo, 28 February 2025 - Klaveness Combination Carriers ASA ("KCC") today
releases its 2024 Integrated Annual Report, marking another year of strong
financial performance, solid safety statistics, and continued business
resilience.
EBITDA reached USD 126.5 million, with a return on equity of 23% and a return on
capital employed of 16%. While carbon intensity (EEOI) remained nearly 30% lower
than that of standard vessels in the same trade, KCC's EEOI of 6.6 fell slightly
short of the 6.4 target and rose marginally from 6.5 in 2023.
The full report, attached and available on the company's website, provides a
comprehensive overview of our financial and sustainability performance,
reinforcing our commitment to reducing our environmental footprint, enhancing
social impact, and strengthening governance.
For further queries, please contact:
Engebret Dahm, CEO, Telephone +47 957 46 851
Liv Dyrnes, CFO and Deputy CEO, Telephone +47 976 60 561
About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating eight CABU
and eight CLEANBU combination carriers with three CABU vessels under
construction for delivery in 2026. KCC's combination carriers are built for
transportation of both wet and dry bulk cargoes, being operated in trades where
the vessels efficiently combine dry and wet cargoes with minimum ballast.
Through their high utilization and efficiency, the vessels emit up to 40% less
CO2 per transported ton compared to standard tanker and dry bulk vessels in
current and targeted combination trading patterns.