KCC CEO Ingebret Dahm maintains that the market for tanker shipping remains strong, despite the company's decision to lower its financial guidance in May.
The Norwegian operator's shares declined following the earlier downgrade, but management argues that the underlying fundamentals support further upside.
Dahm points to increased trade in oil products as a key factor sustaining demand.
He also highlights the competitive advantage of KCC's combination vessels, which can carry both crude oil and refined products, allowing for greater operational flexibility in a volatile market.
The comments come as global shipping corridors face heightened scrutiny due to geopolitical tensions.
While route security remains a concern for the industry, KCC's focus on product tankers and versatile fleet assets positions it to capitalize on shifting trade flows.