Klaveness orders more specialized vessels

Klaveness orders more specialized vessels

Klaveness, through a wholly owned subsidiary of Klaveness Ship Holding AS, has entered into a contract with Jiangsu New Yangzi Shipbuilding Co., Ltd in China for an order of three 83,500 DWT combination carriers. The vessels will be delivered during the second half of 2018. The contract includes options for further vessels. Klaveness already has three 80,500 DWT combination carriers under construction at Zhejiang OuHua Shipbuilding Co. Ltd. in China which will be delivered late 2016 and early 2017, and operates a fleet of six combination carriers in the Pacific and Atlantic Oceans.

The deal with Jiangsu New Yangzi Shipbuilding Co., Ltd includes cancellation of the second of two 82,000 DWT Kamsarmax vessels under construction at the yard. The first Kamsarmax vessel will be delivered in February 2016.

“This transaction is in line with our strategy to invest in specialized vessels with a substantial value creation in terms of energy efficiency”, says Lasse Kristoffersen, CEO of Torvald Klaveness.

MOA signed for sale of selfunloader vessels

In November 2015 it was announced that a subsidiary of Klaveness Ship Holding AS had reached an agreement to sell its five selfunloading vessels. All parties have now lifted their subjects and Memorandum of Agreements have been signed. Closing and transfer of the vessels to the sellers will take place early in 2016.

For further information please contact:
Lasse Kristoffersen (CEO, Torvald Klaveness) +47 2252 6238

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