Despite a challenging product tanker market for most of 2018, Klaveness Combination Carriers (KCC) presented a profit of USD 8.8 million, a considerable improvement compared to 2017. The CABU fleet delivered average earning rates of USD 17 495/day in 2018, a 15 % increase compared to the previous year.

The outlook for 2019 is positive on the back of solid caustic soda contract volumes and dry bulk coverage.