A subsidiary of Klaveness Combination Carriers ASA (“KCC”) has signed a Contract of Affreightment (“COA”) with one of the leading Australian importers and distributers of clean petroleum products (“CPP”) for its new generation of combination carriers, the CLEANBUs. The COA covers multiple cargoes over a period of up to 12 months with commencement within 2nd quarter 2019.
KCC’s Managing Director Engebret Dahm comments:
The COA is an important milestone for the introduction of the CLEANBU vessels and the validation of the CLEANBU concept in the CPP market. KCC’s CLEANBU service to Australia will meet demands for a reliable and substantially more climate friendly solution for CPP transportation. Through its unique design and trading pattern, the CLEANBUs will secure a 30-40% reduction in CO2, SOx and NOx emissions compared to standard tankers.