Klaveness Combination Carriers ASA (OSL:KCC)
kr 104.6 1.6 (1.55%) Market Cap: 6.32 Bil Enterprise Value: 8.14 Bil PE Ratio: 6.56 PB Ratio: 1.55 GF Score: 80/100

Q2 2021 Klaveness Combination Carriers ASA Earnings Call Transcript

Aug 25, 2021 / 07:00AM GMT
Release Date Price: kr44 (+1.38%)
Engebret Dahm
Klaveness Combination Carriers ASA - CEO

Welcome to the second-quarter presentation of Klaveness Combination Carriers. I'm Engebret Dahm, I'm the CEO of the company. Together with me, I have Liv Dyrnes, CFO. Please use the webcast solution to give us questions, and we'll go through it after presentation.

KCC, we are owners and operators of combination carriers that have assets that can transport both dry and wet cargos, competing against the standard tankers and dry bulk ships. We have two type of ships. We have the CABUs, which, in dry mode, can transport all type of dry bulk commodities; and then tanker mode, specialized for transportation of caustic soda to the alumina industry.

Our new fleet of CLEANBUs can do the same transportation work as the CABUs. But in tanker mode, can transport a much bigger variety of tanker cargoes; hence, having a bigger market.

Our ships do the transportation work of both tank and dry bulk ship, more efficiency with less ballast. Meaning that all other things equal, our ships earn more than the standard tankers and dry bulk ships

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot