Brief: KCC Lowers Q2 Guidance For Fleet
BRIEF-KCC Lowers Q2 Guidance For Fleet May 28 (Reuters) - Klaveness Combination Carriers ASA KCCK.OL:
UPDATED ON WEDNESDAY GUIDANCE RANGE FOR THE KCC FLEET FOR Q2 IS $36,500-38,400 /DAY
SINCE THE OUTBREAK OF THE CONFLICT IN THE MIDDLE EAST AND THE CLOSURE OF THE STRAIT OF HORMUZ, PRODUCT TANKER MARKETS HAVE EXPERIENCED EXTREME VOLATILITY, AND FREIGHT RATES HAVE SOFTENED CONSIDERABLY FROM THE MARKET PEAK IN APRIL, WHEN THE INITIAL GUIDANCE WAS PUBLISHED
Source text for Workspace: nMFN2G5h8B
Further company coverage: KCCK.OL
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