Klaveness selling shares to buy new CABU III carriers

Picture of a CABU (caustic bulk) carrier III

Source: Klaveness Combination Carriers

Klaveness Combination Carriers is selling new shares to raise funds for three new CABU III carriers

KCC has announced its intention to buy three new CABU (caustic bulk) III carriers funded in part through a private share offer of approximately US$50 million.

The deal between Jiangsu New Yangzi Shipbuilding Co. and a KCC subsidiary totals US$56.4 million per vessel with a further US$5.1 million in delivery costs and zero-emission readiness. 

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