The Torvald Klaveness Group is a Norwegian shipping company founded in 1946. Klaveness Marine was demerged from it in 2011.
6-408: The company was founded by Torvald Faye Klaveness in 1946, who served as the company's president and chief executive officer until 1989. He was succeeded by his son Tom Erik Klaveness, who was later succeeded by another of Torvald's sons Trond Harald Klaveness in 2006. By the early 2000s the company owned a fleet of almost 150 bulk cargo vessels. In 2011 the two Klaveness brothers decided to demerge
12-439: A mass of relatively small solids) form, such as petroleum / crude oil , grain , coal , or gravel . This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier ship's hold , railroad car / railway wagon , or tanker truck / trailer / semi-trailer body. Smaller quantities can be boxed (or drummed ) and palletised ; cargo packaged in this manner is referred to as breakbulk cargo . Bulk cargo
18-632: Is classified as wet or dry . The Baltic Exchange is based in London and provides a range of indices benchmarking the cost of moving bulk commodities, dry and wet, along popular routes around the seas. Some of these indices are also used to settle Freight Futures, known as FFA's. The most famous of the Baltic indices is the Baltic Dry Indices, commonly called the BDI. This is a derived function of
24-553: The Baltic Capesize index (BCI), Baltic Panamax index (BPI), Baltic Supramax index (BSI) and the Baltic Handysize index (BHSI). The BDI has been used as a bellwether for the global economy as it can be interpreted as an indicator of an increase or decrease in the amount of raw commodities countries are importing/exporting. Dry bulk is any cargo carried in bulk in solid form. Such carriage is often referred to as
30-601: The holding and real estate division, forming Klaveness Marine with Tom Erik Klaveness as majority owner. Trond Harald Klaveness continued in the Torvald Klaveness Group which remained a shipping company, but now as president whereas Lasse Kristoffersen became the new chief executive. In 2018, the company announced it was forming new bulker company Klaveness Combination Carriers , which subsequently declared listing on Oslo Stock Exchange . In January 2020, Klaveness joined forces with Japan's Marubeni to form
36-453: The world's largest panamax pool. In April 2022, Lasse Kristoffersen signed off as company CEO, with Ernst Meyer becoming the new President and CEO. This Norwegian corporation or company article is a stub . You can help Misplaced Pages by expanding it . Bulk cargo Bulk cargo is commodity cargo that is transported unpackaged in large quantities. Bulk cargo refers to material in either liquid or granular, particulate (as
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