Oslo, 17 February 2023: Klaveness Combination Carriers ("KCC") is pleased to
announce the conclusion of a two-year time charter for one of its CLEANBU
vessels with one of the leading players in the global energy industry.

CEO Engebret Dahm comments: "The concluded charter is a way for KCC to capture
value in the current strong product tanker market and illustrates KCC's
commercial flexibility with its CLEANBU fleet. We are pleased through this
charter to further strengthen and expand the already established close
relationship with the charterer in question. The other seven CLEANBU vessels
will remain in KCC's operation servicing contracts of affreightment and spot
voyage charters in combination trading."

For further queries, please contact:  
Engebret Dahm, CEO, Telephone +47 957 46 851

About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating eight CABU
and eight CLEANBU combination carriers. 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.