A subsidiary of Klaveness Combination Carriers ASA has fixed one of its CLEANBU vessels on a three-year time charter starting immediately, the company announced in a report carried by reports on 5 November 2026.
KCC, the Klaveness Combination Carriers subsidiary named in the report, said the contract runs for three years and commences with immediate effect. The announcement was presented as the final fixture in the company’s stated time charter employment programme.
Engebret Dahm, chief executive of Klaveness Combination Carriers ASA, was quoted as saying: “The concluded time charter enables KCC to capitalize on the historically strong product tanker market. With this contract, we complete our time charter employment program, and the remaining six CLEANBU ...”
The statement as published links the employment of the single vessel to a broader company programme intended to secure time charter cover for the CLEANBU units. The remark that the charter lets KCC “capitalize on the historically strong product tanker market” underlines the company’s publicly stated rationale for the deal.
The fixture concerns one CLEANBU vessel within KCC’s fleet. The report did not disclose the charterer’s identity, the financial terms of the deal or the precise vessel name, and no further contract details were provided in the item carried by reports.
Completion of the announced programme
KCC’s announcement frames the charter as completing a planned employment programme for time charters. The company’s chief executive linked the completion of that programme directly to the newly concluded three-year hiring contract.
The report records that Dahm referred explicitly to the remaining six CLEANBU vessels, although the published extract does not detail the status of those units beyond that reference. The company’s comment, as quoted, thus signals that fleet employment remains a live topic for KCC.
Immediate effect and market positioning
The charter was stated to commence immediately. In its quoted comment, the chief executive framed the agreement as an opportunity to exploit a strong product tanker market, underscoring the company’s strategic intent behind multi-year employment of at least one CLEANBU vessel.
No additional information was provided in the source on operational routing, technical specifications, or the charterer’s commercial plans for the vessel. The report of 5 November 2026 served as the basis for the details published by the company.
The announcement will be of particular interest to investors and market observers following Klaveness Combination Carriers’ public moves to secure earnings visibility through time charters for its CLEANBU series. Beyond the quoted remarks, the report offers no new operational disclosures or contractual particulars.
The Maritime Gazette will report further should Klaveness Combination Carriers or its subsidiary provide expanded details on the charterer, hire levels, or the employment status of the other CLEANBU vessels referenced in the company statement.