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KCC: Klaveness Combination Carriers ASA takes delivery of final third-generation CABU vessel

KCCSelskabsmeddelelse06.08.2026, 08.30
Oslo, 6 August 2026: Klaveness Combination Carriers ASA ("KCC") today took
delivery of MV Baltazar, its third and final contracted third-generation CABU
vessel, from New Yangzi Shipyard in China. Equipped with the first
wind-assisted propulsion system in KCC's fleet and a range of advanced energy
efficiency technologies, MV Baltazar completes the CABU III newbuilding
program and brings KCC's fleet to 19 combination carriers.

Designed for trades carrying caustic soda solution to Australia and returning
with dry bulk commodities, the vessel offers around a 35% lower carbon
footprint and approximately 20% higher earnings capacity than KCC's
first-generation CABU vessels.

Like her sister vessels MV Balder and MV Bastion, MV Baltazar also
incorporates a range of energy efficiency measures including an air
lubrication system, a shaft generator, an EcoEGR fuel-optimized main engine,
and a Mewis duct. In addition, the vessel is fitted with two bound4blue eSAIL®
suction sails, making it the first vessel in KCC's fleet to utilize
wind-assisted propulsion technology. The vessel is also prepared for future
retrofitting to enable the use of zero or near-zero emission fuels.
With the delivery of MV Baltazar, KCC now operates a full fleet of 11 CABU and
eight CLEANBU combination carriers.

Continuing a long presence in Australia

MV Baltazar builds on decades of combination carrier operations in Australia,
where KCC's unique ability to combine wet and dry bulk cargoes results in
highly efficient trading with limited ballasting. The CABU activities have
become an integrated part of the aluminum value chain supporting customers'
supply chains and long-term logistics planning. With these three CABU
newbuilds, KCC's service will further improve flexibility and cost efficiency
of the scope three emissions of our customers' ocean freight.

Reflecting the importance of these trades and KCC's longstanding presence in
the region, following MV Baltazar's maiden voyage KCC will host customers,
partners and industry stakeholders for the vessel's naming ceremony in
Fremantle, Western Australia on 9 September.

For further queries, please contact:
Engebret Dahm, CEO, tel.: +47 957 46 851
Liv Dyrnes, CFO and Deputy CEO, tel.: +47 976 60 561

About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating 11 CABU
and eight CLEANBU combination carriers. KCC's combination carriers are built
for transportation of both wet and dry bulk cargoes, being operated in trades
where the vessels efficiently combine dry and wet cargoes with minimum
ballast. Through their high utilization and efficiency, the vessels emit up to
40% less CO2 per transported ton compared to standard tanker and dry bulk
vessels in current and targeted combination trading patterns.
nd dry bulk\
vessels in current and targeted combination trading patterns.\