KNOT takes modern shuttle tanker from parent

KNOT Offshore Partners is adding another young shuttle tanker from its parent in a $113m deal, extending a run of fleet renewal transactions while tackling one of its largest near-term debt maturities. The New York-listed partnership has agreed to acquire the vessel-owning company behind the 2024-built Hedda Knutsen from sponsor Knutsen NYK Offshore Tankers. KNOT … Read full article →