Future Bound

KCC’s Efficiency Measures — Explained

Host: Engebret DahmCEO
Guest: Martin WattumHead of Projects and Business Transformation
"Take a ride on KCC's magic carpet"
In November 2021 KCC raised $25 million exclusively dedicated to a program designed deliver significant cuts in carbon emissions across the fleet and further strengthen KCC' position as a leader in low carbon shipping.
Through the energy efficiency program, KCC’s aim is to position for a future of increasingly strict decarbonization regulations and customer requirements in the shipping industry. Several of the initiatives have already been deployed since, with others in development and others being considered for the future.
In this episode, Martin Wattum takes us on a tour of a typical vessel in the KCC fleet and walks us through each measure of energy saving potential currently being deployed or under consideration, and the carbon cuts we expect to see.
Discussion points include:
Improving technical and operational systems onboard
Improving the interaction between the hull, propeller, and rudder
The pioneering actions we taking to capture the vast energy savings potential of reducing friction between the hull and the water
Exploring ways to optimize performance of KCC’s newest vessels to the fleet
Expectations from the fleet on the savings potential from the initiatives
What does the future hold?
About Wattum: Heads the Projects and Business Transformation department at Torvald Klaveness, with a focus on delivering Safer, Greener and Data Smart Solutions for our fleet and future concepts. Brings experiences from KCC as Senior Project Developer, and as FFA and oil trader and dry bulk Chartering at Klaveness.
 

BONUS — (Norwegian only) Shippingaksjen som ticker alle boksene

Host: DNBMarius Brun Haugen and Shipping Analyst Jørgen Lian
Guest: Engebret DahmCEO, Klaveness Combination Carriers
Episode audio and description provided courtesy of DNB
Finnes det en shippingaksje som demonstrerer ESG i praksis, opererer i et nisjemarked med begrenset konkurranse og har gode utsikter til utbyttevekst? Klaveness Combination Carriers (KCC) ser ut til å sjekke av alle punktene på listen. Er det for godt til å være sant? I denne episoden tar Marius Brun Haugen en nærmere titt på investeringscaset i KCC og hører hvordan selskapets CEO Engebret Dahm vurderer markedsutsiktene. Du hører også fra shippinganalytiker Jørgen Lian som opererer med en kjøpsanbefaling på aksjen og kursmål NOK 84.

BONUS — DNB Energy and Shipping Conference in Oslo

Speaker: Engebret DahmCEO, Klaveness Combination Carriers
Bonus Episode (video recommended)
To watch video, visit: https://www.combinationcarriers.com/bonus-dnb-conference
In Q1 2022 KCC CEO Engebret Dahm presented at the DNB Energy and Shipping Conference in Oslo, Norway. With special thanks to DNB for providing the enclosed footage, we are able to bring you Dahm’s presentation as a bonus Podcast episode.
Discussion points include:
An introduction to Klaveness Combination Carriers
KCC’s value proposition and strategy
KCC’s current position in the dry bulk and tanker markets
Current earnings of the fleet
KCC’s present outlook

003 — Charting a Course to Zero, with Hydro

Host: Martin ProkoschHead of ZeroLab
Guest: Jan Peder MyklebostHead of Shipping and Inbound Logistics at Norsk Hydro
“You can’t improve it if you don’t measure it”
Aluminium industry leader Norsk Hydro recently joined us for a webinar to discuss how they are working with Klaveness to digitalize supply chain management and explore how to reduce emissions from sourcing and shipping. We extracted this interview from the webinar to bring you as a Podcast episode.
Discussion points include:
Hydro’s strategy and aim to reduce emissions 30% by 2030
How Hydro is quantifying its Scope 3 emissions with Klaveness
Why the EU ETS scheme matters to cargo owners
The value of defining a baseline for getting started
The importance of The Sea Cargo Charter
Why collaboration as an essential ingredient
Answering audience questions live
 
Before joining Hydro Aluminium, Myklebost was 10 years with Höegh Autoliners where his last position was Managing Director for Höegh Autoliners Shortsea Americas, based in Panama. Prior to this he was Deputy Managing Director for Euro Marine Logistics (JV between Höegh Autoliners and MOL) based in Belgium. From 2012-2015, he was Head of Operations, Region Europe and Oceania for Höegh Autoliners.

002 — Safety at Sea

Host: Liv DyrnesCFO, Klaveness Combination Carriers
Guest: Gudrun HelsetActing MD, Klaveness Ship Management
“Safety is more than just a word”
During her stint as Acting Managing Director of Klaveness Ship Management (KSM), Gudrun Helset joined CFO Liv Dyrnes in the Studio to discuss how KLASS (Klaveness Aways Safe and Secure) acts as our safety mantra and guideline in all decision making.
Safety is a priority for KCC and a quintessential part of our DNA in how we conduct all our operations. Helset highlights how this is especially of importance at KCC when considering that vessels regularly make the switch from bulk carrier to oil tanker, meaning the highest safety standards must be maintained on vessels at all times.
In addition to quizzing Helset on these aspects of our operations, Dyrnes asks Helset to elaborate on how she successfully pioneered KLASS and revitalized a strong safety culture throughout KCC’s fleet.
Discussion points include:
The origins of KLASS
Using gamification to instill a safety culture on the vessels
Managing risk across all types of operations
How do we work with our crew to inspire the same values as we have on shore?
Keeping morale up during times of isolation between crew changes
Why we have such a high retention rate among the crew
What’s in store for the road ahead
 
Gudrun Helset joined Klaveness Ship Management as Head of Strategy and Change in February 2021 prior to filling the role of Managing Director in 20222 until May 1st.Helset has extensive background from maritime operational business improvements and organizational development and holds a MSc in Business and Administration, with a major in organizational psychology from BI the Norwegian Business School.

001 — The KCC Story

Host: Engebret DahmCEO, Klaveness Combination Carriers
Guest: Lasse KristoffersenOutgoing President and CEO, Torvald Klaveness
“We’re NEVER going to use these vessels!”
On Lasse Kristoffersen’s last day as President and CEO of Torvald Klaveness and final weeks as Chairman of KCC, CEO Engebret Dahm took the opportunity to pull him into the Studio for trip down memory lane and discussion on KCC’s past, present, and future.
Having in been in combination carriers since the 1950’s, Dahm quizzes Kristoffersen on what triggered the re-invigoration of the KCC strategy back in 2012 and for Klaveness to invest heavily in combination carriers.
Discussion points include:
What triggered KCC to branch out from its well-established footprint in the aluminum business into the CPP market?
How KCC’s expanded its fleet beyond the traditional CABU vessels and coined the ‘CLEANBU’ name
How/why KCC successfully listed itself on the Oslo Stock Exchange in 2018
How KCC’s vessels are maximizing operational efficiency and offering among the most carbon friendly deep-sea transportation on the market
How KCC is harvesting the digitalization and decarbonization competence of the wider Klaveness organization for its customers
Where is Kristoffersen hedging his bets on the fuel of the future?
What the future looks like for KCC
Kristofferen’s final words of wisdom to KCC
 
Lasse Kristoffersen started in Torvald Klaveness in 2007 heading up the business unit Klaveness Maritime Logistics. In September 2011 he was appointed new Chief Executive Officer for Torvald Klaveness and became the first company CEO from outside the Klaveness family.
Prior to joining Torvald Klaveness, Kristoffersen worked 11 years for Det Norske Veritas (DNV) in various positions including 2 years in New York starting up Maritime Solutions Americas for DNV. In 2006, he became Director of Operation DNV Industry Norge.
Kristoffersen stepped down as Klaveness President and CEO on 1st April 2022.