MV Baru sets a new standard in environmentally friendly deep sea shipping

Image: The Norwegian Minister of Foreign Affairs Ms. Ine Eriksen Søreide giving the sponsor speech

Image: The Norwegian Minister of Foreign Affairs Ms. Ine Eriksen Søreide giving the sponsor speech

MV Baru, the first vessel in our next generation of combination carriers, the CLEANBUs, was named today by the Norwegian Minister of Foreign Affairs, Ine Eriksen Søreide at New Yangzi Shipyard in China.

This next generation of combination carriers is unique both in terms of vessel design, unprecedented environmental performance, operational and technical efficiency. MV Baru is a high-tech, digital vessel with new, innovative solutions across the entire vessel. The CLEANBU vessels will be employed in tanker-dry bulk combination trades with minimum ballast.

Image: The Norwegian Minister of Foreign Affairs, Ms. Ine Eriksen Søreide christening the MV Baru

Image: The Norwegian Minister of Foreign Affairs, Ms. Ine Eriksen Søreide christening the MV Baru

Managing Director of Klaveness Combination Carriers (KCC) Engebret Dahm says, “With the delivery of CLEANBUs, KCC will expand its well proven combi-service into the petroleum and petrochemical industry. These vessels provide the most environmentally friendly and cost-efficient freight solution around today, meeting the highest standards of safety. The CLEANBUs have up to 40% lower CO2 emissions per ton mile transported cargo, and go a long way in meeting IMO’s 2050 targets of a 50% reduction in CO2 emissions from shipping.”

MV Baru and the other four contracted CLEANBU vessels will be delivered from the New Yangzi Shipyard in the period from November 2018 to August 2020. In addition, KCC has fixed-price options to contract a further four CLEANBUs for delivery in 2020 and 2021.

With the delivery of the MV Baru, KCC will operate a fleet of 10 combination carriers. The company was registered on N-OTC for trading earlier this week, following a successful private placement of common shares in September 2018.

Torvald Klaveness