Oslo, 8 March 2024: Klaveness Combination Carriers ASA ("KCC") today releases
its Annual Report and ESG Performance Report for 2023, a record year in every
arena. EBITDA was USD 134.9 million for the year 2023, up 26% Y-o-Y, and a
reduced carbon intensity (EEOI) of 6% from 2022.

The full reports, attached and available on the company's website, reflect our
dedication to sustainable shipping practices and highlight our ambitions and
milestones in our continuous commitment to reduce our environmental footprint,
enhance our social impact, and strengthen our governance. 

Engebret Dahm, CEO, Telephone: +47 957 46 851
Liv Dyrnes, CFO, Telephone: +47 976 60 561

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, 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.

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