Klaveness Combination Carriers ASA (“KCC”) increases forward bookings in the current strong tanker market with the conclusion of a 9-12 months time charter of one CLEANBU vessel with delivery from the middle of May 2020, the company said in its release.
With this latest time charter, KCC’s fixed-rate tanker market coverage increases to around 90% for 2nd quarter of 2020 and around 55% for 2nd half of 2020.