{"header":{"OB_REQUEST_ID":"0304ea2a-6e6c-44e0-9f23-63a60f322b8c","result.val":0,"http.code":200,"result.text":"OK"},"data":{"message":{"id":677957,"messageId":677957,"newsId":630431,"title":"KCC: Second Quarter 2026 Business Update","body":"Oslo, 10 July 2026: Klaveness Combination Carriers' (\"KCC\" or the \"Company\")\npreliminary fleet average TCE earnings for the second quarter ended at\n$37,782/day, within the guiding range of $36,500-38,400/day).\n\nThe CABU fleet achieved TCE earnings of $34,076/day, within the guiding range\nof $33,500--34,500/day. CABU TCE earnings increased by $4,524/day from Q1\n2026, mainly driven by stronger underlying markets and more capacity trading\nin wet mode. This was partly offset by less efficient trading, as the\nsituation in the Middle East affected caustic soda procurement to the alumina\nindustry resulting in more ballasting and longer waiting time. Compared with\nthe MR tanker market, the CABU TCE earnings multiple was 0.7[1] for the second\nquarter.\n\nThe CLEANBU TCE earnings were $42,243/day in Q2 2026, within the guiding range\nof $40,000-43,000/day. The CLEANBU TCE earnings increased by $4,932/day from\nQ1 2026, mainly reflecting a volatile, but in average significantly stronger\nLR1 product tanker market, a higher share of capacity employed in wet and\nsupport from a healthy dry bulk market. The TCE earnings were negatively\nimpacted by IFRS effects[2] of ~$1,900/day at quarter end due to more than\nusual ballasting for the fleet. The CLEANBU TCE earnings achieved a multiple\nof 0.6[1] compared to the LR1 product tankers for the second quarter.\n\nActual on-hire days in Q2 were 4 days more than the guiding, primarily due to\nBanastar exiting safely the Middle East Gulf on 25 June. Total loss of hire\ncompensation for Banastar and one CLEANBU vessel with prolonged dry docking\nare expected to be approximately USD 5.3 million for Q2 2026.\n\nKCC's Second Quarter Report for 2026 will be published on 25 August 2026.\n\n[1] Clarksons MR (CABU) and LR1 (CLEANBU) tanker multiple calculated based on\nassumption of one-month advance cargo fixing/«lag»\n[2] IFRS recognises revenue based on load to discharge basis and not discharge\nto discharge\n\nCABU (TCE earnings per on-hire day and on-hire days)\nQ2 2026 Preliminary: $34,076/day (754 days)\nQ2 2026 Guiding range[3]: $33,500/day-$34,500/day (748 days)\nQ1 2026 Actual: $29,552/day (703 days)\nH1 2026 Preliminary: $31,892/day (1,457 days)\n\nCLEANBU (TCE earnings per on-hire day and on-hire days)\nQ2 2026 Preliminary: $42,243/day (626 days)\nQ2 2026 Guiding range[3]: $40,000/day-$43,000/day (628 days)\nQ1 2026 Actual: $37,311/day (704 days)\nH1 2026 Preliminary: $39,633/day (1,330 days)\n\nFleet (TCE earnings per on-hire day and on-hire days)\nQ2 2026 Preliminary: $37,782/day (1,380 days)\nQ2 2026 Guiding range[3]: $36,500/day-$38,400/day (1,376 days)\nQ1 2026 Actual: $33,432/day (1,407 days)\nH1 2026 Preliminary: $35,586/day (2,786 days)\n\n[3] Estimate based on booked cargoes and expected employment for open capacity\nbasis forward freight pricing (FFA)\n\nTCE earnings $/day are alternative performance measures (APMs) which are\ndefined and reconciled in the excel sheet \"APM2Q2026\" published on the\nCompany's homepage Investor Relations/Reports and Presentations under the\nsection for the Q2 2026 Report. The address to the Company's homepage is\nwww.combinationcarriers.com.\n\nFor further queries, please contact:\nEngebret Dahm, CEO, tel.: +47 957 46 851\nLiv Dyrnes, CFO and Deputy CEO, tel.: +47 976 60 561\n\nAbout Klaveness Combination Carriers ASA:\nKCC is the world leader in combination carriers, owning and operating ten CABU\nand eight CLEANBU combination carriers with one CABU vessels under\nconstruction for delivery in 2026. KCC's combination carriers are built for\ntransportation of both wet and dry bulk cargoes, being operated in trades\nwhere the vessels efficiently combine dry and wet cargoes with minimum\nballast. Through their high utilization and efficiency, the vessels emit up to\n40% less CO2 per transported ton compared to standard tanker and dry bulk\nvessels in current and targeted combination trading patterns.","category":[{"id":1104,"category_no":"IKKE-INFORMASJONSPLIKTIGE PRESSEMELDINGER","category_en":"NON-REGULATORY PRESS RELEASES"}],"markets":["XOSL"],"issuerId":12197,"correctionForMessageId":0,"correctedByMessageId":0,"issuerSign":"KCC","issuerName":"Klaveness Combination Carriers ASA","instrId":0,"instrumentName":"","instrumentFullName":"","publishedTime":"2026-07-10T05:00:03.958Z","test":false,"numbAttachments":0,"attachments":[],"clientAnnouncementId":"f1e9596c-5bb8-4842-80f1-bbb1bfb8f696","infoRequired":0,"oamMandatory":0}}}