Clear Coconut-Flavored Rum Distilled From Fermented Molasses.Fresh Coconurt Flavoring Makes This A Flavored Rum A Refreshing Addition To Cocktails Or Desserts.Bottled At 24% Alcohol By Volume.Calypso Rum Coconut Rum is a sweet and creamy rum flavored with natural coconut extract. It is made with a blend of Caribbean rums and bottled at 70 proof (35% ABV). Calypso Coconut Rum is a popular choice for tropical cocktails, such as Piña Coladas and Daiquiris, but it can also be enjoyed neat or on the rocks.