KCC: Capital Markets Day 2025 – Fleet expansion and optimization supporting continued profitable growth and value creation

10 Dec 2025 07:30 CET

Oslo, 10 December 2025: Klaveness Combination Carriers ASA (“KCC”) today hosts
its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC
presents its strategy for 2026–2030; onboarding new vessels, targeting
profitable growth, continued strong shareholder returns, and leadership in
low-emission shipping.

CEO Engebret Dahm comments: “Since listing, we have proven our ability to
innovate and scale profitably. Our strategy for the coming years will focus on
continued expansion and value creation. We will further strengthen efficiency
throughout our business, and expand into new trades with new customers across
our two combination carrier segments to further improve earnings. We will also
explore new combi-concepts with the ambition to enter new markets over time.
With robust financials and an unchanged dividend policy, KCC is well positioned
to deliver attractive shareholder returns.”

Key strategic ambitions 2026-2030:
• Take the CABU business into a new chapter with the CABU III newbuild
deliveries in 2026, growing the Australian market share and diversifying to new
regions.
• Further develop and grow the CLEANBU business, adding new customers and trade
routes focused particularly on trades East of Suez, establishing a strong
foundation for further fleet growth.
• Explore new combination carrier concepts drawing on extensive experience from
existing concepts.
• Capitalize on market-leading position in low-emission shipping and deliver on
high decarbonization ambitions.
• Continue prioritizing direct shareholders return through high quarterly
dividend payments.

Strong track record

KCC has established itself as a leading provider of efficient shipping solutions
within the tanker and dry bulk segments. By challenging long-standing
inefficiencies in global shipping, KCC’s unique combination carrier fleet breaks
with industry norms and unlocks value through premium earnings (1.7x and 1.2x vs
standard dry bulk and wet cargo markets last five years), lower volatility, and
reduced carbon emissions compared to standard vessels in competing trades.

Since its listing in 2019, KCC has delivered consistently strong operational and
financial results. It has successfully introduced and profitably scaled the
CLEANBU concept, built a robust financial position, and returned USD 228 million
to shareholders through quarterly dividends and share buybacks.

Building on a strong foundation

Moving forward, KCC will build on its strong foundation to strengthen earnings
and grow its existing segments. The company will capitalize on its position as a
leader in efficient, low-emission shipping while pursuing new growth
opportunities through geographical expansion within existing segments, and
potential new innovative combination carrier concepts. At the same time, KCC
remains committed to delivering attractive shareholder returns, maintaining its
policy of quarterly distributions of at least 80% of adjusted free cash flow to
equity.
 
Today’s webcast can be followed by registering via the following link and
selecting the ‘online’ attendance option:
https://www.combinationcarriers.com/capital-markets-day-2025. Questions may be
asked through the webcast solution.

About Klaveness Combination Carriers ASA

KCC is the world leader in combination carriers, owning and operating eight CABU
and eight CLEANBU combination carriers with three CABU vessels under
construction for delivery in 2026. 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, with minimal time in ballast, 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.

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

More information:
Access the news on Oslo Bors NewsWeb site

661592_KCC Capital Markets Day 2025.pdf