• 2018 April 26 13:02

    The newly established Klaveness Combination Carriers AS to form part of the solution to the ambitious climate strategy passed on by IMO

    Klaveness, together with its existing investors, constitute Klaveness Combination Carriers. The new company will be the leading owner and operator of modern combination carriers and provides the most environmentally friendly transportation system with the lowest carbon emissions in the industry, the company said in its press release.

    The existing investors in the Combination carrier business have agreed to consolidate ownership and operation into a new company, Klaveness Combination Carriers AS (KCC). At the same time KCC has raised USD 32 million in new equity from the existing investors. Following the transactions, Klaveness Ship Holding AS will be the largest shareholder with around 70% of KCC and the minority shareholders will hold approx. 30%. Mr. Engebret Dahm, currently Head of Combination Carriers in Torvald Klaveness, is appointed as Managing Director of KCC.

    “Following these transactions, KCC is in a position to grow further and serve more markets. This demonstrate our commitment to serve our customers with safe, cost effective and not least environmentally friendly services. We are very pleased that our co-investors see the same potential as we do in this business”, says Lasse Kristoffersen, CEO of Torvald Klaveness and Chairman of KCC.

    Klaveness Combination Carriers will be the leading, global owner and operator of combination carriers. Following the declaration of an option for the construction of a fourth combination carrier at Jiangsu New Yangzi Shipbuilding Co., Ltd (YZJ) in China, the fleet will grow to 13 vessels by 2020. The company holds options for further vessels at YZJ and is also actively developing new combination carrier concepts.

    “Through its unique design and trade, our Combination Carriers represent the most climate friendly transportation solution around. In our Australian trade in 2017 alone we reduced the CO2 emissions from shipping with the equivalent of CO2 emissions from around 15.000 cars. This demonstrates that our Combination Carriers is a vital part of the solution for our customers to meet the ambitious climate strategy just passed by IMO “, continues Lasse Kristoffersen.
     
    The following notification was sent to ABM Nordic today:

    Consolidation of ownership and new capital
    The existing investors in the Combination carrier business have agreed to consolidate the ownership of the business in a holding company. The investors today own the vessels together in several single purpose companies (SPCs) and have now agreed to establish a new sub-holding company, Klaveness Combination Carriers AS (KCC), and consolidate the owner shares in the SPCs to the new company. KCC will after the transfer own all combination carriers directly or indirectly 100%.

    The existing investors will in addition contribute with in total USD 32 million in new equity in KCC over the next 18 months to further grow the combination carrier business within the KCC group. Following this, Klaveness Ship Holding AS will own approx. 70% of the shares in KCC and the minority shareholders will own approx. 30%.

    The combination carrier pool company, Cabu Chartering AS (CC), was previously owned by Rederiaksjeselskapet Torvald Klaveness (RASTK) and hence not a part of the KSH group of companies. KCC has now purchased CC from RASTK in order to consolidate all combination carrier activities under the KCC joint ownership.

    KSH will remain owners of 82.7% of Klaveness Container AS.

    Klaveness Ship Holding AS has through a subsidiary of KCC declared an option for the construction of a combination carrier with Jiangsu New Yangzi Shipbuilding Co., Ltd in China. The delivery date is scheduled for first quarter 2020. The subsidiary already has three sister vessels under construction at the same yard with delivery late this year and early 2019, and also holds options for further vessels.




2019 January 19

11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018
17:51 Ice restrictions at the port of Primorsk come into effect on January 25
17:28 Global Ports sets up a common service call centre
17:09 EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027
17:05 North Sea Port monitoring the Brexit closely
16:44 ABP invests £700K to boost storage at Port of Ipswich
16:27 Global fuel market: still many uncertainties in both demand and supply
16:22 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:05 OCEAN Alliance extends duration of OCEAN Alliance to ten years
15:42 COSCO SHIPPING Ports signs agreement with PSA to add two new berths at the terminal in Boao, Hainan
15:31 Liebherr supports the 6th International Forum of Dredging Companies as its Sponsor
15:02 Ocean Yield ASA agrees to acquire a modern Suezmax tanker for a consideration of USD 56.0 mln
14:02 SEACOR Marine enters agreement to acquire three additional platform supply vessels from affiliates of COSCO Shipping Group
13:49 Throughput of Chinese ports grew by 4.2% to 9.22 billion tonnes in 2018
13:32 Jensen Maritime provides design for Shaver Transportation’s new tugboat
13:14 OOCL rolls out third phase of Ocean Alliance product refinements
12:50 Baltic Ports Organization’s schedule for 2019 is set
12:38 Port of Los Angeles breaks all-time cargo record in 2018
12:26 Qatar accedes to load lines convention
12:01 Sunseeker International and Rolls-Royce to present first production yacht with MTU hybrid power in 2020
11:51 Bunker prices continue going down at the Far East ports of Russia (graph)
11:38 Port of Zeebrugge handled 40.1 million tonnes in 2018
11:25 Nor-Shipping reveals stellar line-up for Ocean Leadership Conference
10:52 10 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 16-17
10:28 NOVATEK’s hydrocarbon production totaled 548.4 million boe in 2018, up 6.9% Y-o-Y
10:03 Brent Crude futures price down 0.34% to $61.11, Light Sweet Crude – down 0.54% to $52.03
09:39 Tallink and Taltech to collaborate on developing smart ship solutions
09:17 Baltic Dry Index is down to 1,055 points

2019 January 16

18:36 Kongsberg Gruppen enters into an agreement with Rome AS to divest Kongsberg Evotec
18:06 Seaspan Corporation announces the closing of the second tranche of the $1 billion aggregate investment commitment by Fairfax
17:55 INEOS, Europe’s largest petrochemicals company, announces Antwerp as the location for its new ground breaking 3 billion Euro petrochemical investment