Shipping

Klaveness Combination Carriers takes delivery of newbuild Baltazar, completing CABU series

25 August 2026
3 sources

Norway’s Klaveness Combination Carriers has taken delivery of Baltazar, the third and final vessel in its third‑generation CABU newbuilding program, built at New Yangzi Shipyard in China. The new combination carrier enhances the company’s flexibility in transporting both dry bulk and liquid cargoes.

Maritime trade press reports that Klaveness Combination Carriers ASA has completed its third‑generation CABU newbuilding program with the delivery of the vessel Baltazar from New Yangzi Shipyard in China. Baltazar is the third and final unit in the series, designed as a combination carrier capable of transporting both dry bulk and liquid cargoes. The delivery marks an important milestone in the company’s strategy to operate a highly flexible fleet that can reduce ballast voyages and improve overall utilization.

Share this article

Related news

Shipping
11 Oct

Tanker Freight Rates Surge as Attacks and Tonnage Shortages Tighten the Market

Tanker freight rates are rising sharply as security risks around the Strait of Hormuz and the southern Red Sea, combined with limited vessel availability, increase the cost of moving crude oil.

4 sources
Shipping
9 Oct

VLCC charter rates from the Persian Gulf to Asia exceed $1.4 million per day

Supertanker freight rates reached unprecedented levels as disruption around the Strait of Hormuz extended voyages, reduced vessel availability and tightened the global VLCC market.

5 sources
Shipping
9 Oct

Asia–Mediterranean container rates rise as major trade lanes diverge

Asia–Mediterranean rates increased by $320 per FEU to $3,861, while other major routes were flat or lower, highlighting a fragmented container-freight market.

2 sources