Claveness Combination Carriers (KCC) signed a letter of intent (LOI) with Jiangsu New Yangzi Shipbuilding to build three third generation vessels (CABU III), which will be delivered in 2026.
The CABU III newbuilds will introduce a new standard of efficiency with an estimated 35% reduction in carbon footprint compared to the first generation CABU vessels built between 2001 and 2007, which the newbuilds will replace.
At a time when the CABU fleet ships caustic soda to Australia and various bulk commodities out of Australia, CABU III will deliver 50-60% lower carbon emissions per tonne than newbuild tankers and bulk carriers.
The new vessels will have approximately 10% greater cargo-carrying capacity and are expected to reduce fuel consumption by 30% compared to first-generation CABUs through optimized design and the installation of several proven energy efficiency measures. Partially in the current KCC fleet in recent years.
In addition, KCC aims to install wind-assisted propulsion on new CABU III builds, which will further improve efficiency.
KCC CEO Engebret Dahm said: “The new CABU III vessels will usher in a new era of carbon efficiency in KCC’s business with Australia. These new builds will enable KCC to increase caustic soda import volumes to Australia and reflect its real 2018 performance. Relatives are critical to meeting ambitious targets of reducing its carbon intensity by around 45% by 2030.