Klaveness Combination Carriers (KCC) reported preliminary time-charter equivalent (TCE) earnings averaging $36,116 per day across its fleet in the third quarter of 2026.
The figure was within the company's guidance range of $34,800–36,300 per day.
The result, published in a business update on Friday, October 9, compares with fleet earnings of $37,782 per day in the second quarter and $28,921 per day in the third quarter of 2025.
KCC's CABU vessels earned $34,499 per day, up $423 from the previous quarter. The company attributed the increase mainly to higher caustic soda solution earnings, with more capacity employed on index-linked contracts and more efficient trading.
These gains were partly counterbalanced by weaker dry bulk earnings, which KCC linked to Banastar's positioning voyage after the vessel exited the Strait of Hormuz in late June.
CLEANBU earnings stood at $38,164 per day, a decline of $4,079. KCC attributed the decrease to a softer LR1 product tanker market over the summer and more capacity deployed in dry bulk, at 22 per cent compared with four per cent in the second quarter.
KCC put CABU earnings at 1.4 times the MR tanker comparison and CLEANBU earnings at 1.1 times the LR1 comparison.
The company operates 11 CABU and eight CLEANBU combination carriers. It will publish its full third-quarter report on October 27.