Klaveness extends contract of affreightment with South32 Marketing Pte Ltd

A subsidiary of Klaveness Combination Carriers AS (“KCC”) has signed an agreement with South32 Marketing Pte Ltd extending the current Contract of affreightment (COA) for shipments of caustic soda to Worsley Alumina Pty Ltd, South32’s alumina refinery located in Western Australia, KCC reports.

Through this agreement, the term of the COA is extended by three years from January 2019 to December 2021 with two one-year extension options.

Klaveness Combination Carriers AS founded by Torvald Klaveness in 1946 is a leading service provider to the global dry bulk industry. In addition the company has a unique concept for combination carriers and provides container feeder vessels to various operators. The company is family owned with its main office in Oslo, Norway. Klaveness has approximately 165 employees on shore and 650 at sea, altogether representing some 20 nationalities. The company serves the shipping industry all over the world from offices in Oslo, Singapore, Shanghai, Manila, Rio de Janeiro and Constanta. Torvald Klaveness operates about 135 vessels, which carry nearly 65 million tonnes of cargo annually.