Price 21.70 +0.00

Volume 42,696

52 Week Low 19.15

52 Week High 24.00

20.06.2018 04:01 PM Pricing delayed 20 minutes

About KNOP

KNOT Offshore Partners LP

We are a limited partnership formed in February 2013, to operate and acquire shuttle tankers under long-term charters, which we define as charters of five years or more. Our sponsor, Knutsen NYK Offshore Tankers AS (Knutsen NYK), a market leading independent owner and operator of shuttle tankers, which is jointly owned by TS Shipping Invest AS (TSSI), and Nippon Yusen Kaisha (NYK). TSSI controlled by our Chairman, is a private Norwegian company with ownership interests in shuttle tankers, liquefied natural gas (LNG), tankers and product/chemical tankers. NYK is a Japanese public company with a fleet of approximately 800 vessels, including bulk carriers, containerships, tankers and specialized vessels. As of December 31, 2017, Knutsen NYK owns a 25.7% limited partner interest in us and owned and controlled our general partner, which owns a 1.85% general partner interest in us and a 0.3% limited partner in us.

We currently own and operate a modern fleet of fifteen state of the art shuttle tankers, each equipped with the latest advanced technology, including dynamic positioning and offshore systems, ensuring safe and efficient offloading from offshore installations, in the most challenging of locations and weather conditions. All our vessels operate under long term charters with major oil and gas companies engaged in offshore productions, such as Shell, ExxonMobil, Statoil, Transpetro and ENI. It is our strategy to operate our vessels under long-term charters with stable cash flows and to grow our position in the shuttle tanker market through acquisitions from Knutsen NYK and third parties.

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Investor Contact

KNOT Offshore Partners LP
2 Queen’s Cross,
Aberdeenshire AB15 4YB,
United Kingdom