Price 22.55 +0.05

Volume 27,804

52 Week Low 18.23

52 Week High 24.67

18.08.2017 04:02 PM Pricing delayed 20 minutes
Strategy

Strategy

Our primary business objective is to increase quarterly distributions per unit over time by executing the following strategies:

Pursue strategic and accretive acquisitions of shuttle tankers on long-term, fixed-rate charters.

We will seek to leverage our relationship with Knutsen NYK to make strategic and accretive acquisitions. During the term of the Omnibus Agreement, we have the opportunity to purchase from Knutsen NYK any newbuild under a long-term charter or existing shuttle tanker in the Knutsen NYK fleet that enters into a long-term charter.

Expand global operations in high-growth regions.

We will seek to expand in proven areas, such as the North Sea and Brazil, and in new markets as they develop. We believe that Knutsen NYK's leading market position, operational expertise and strong customer relationships will enable us to have early access to new projects worldwide.

Manage our fleet and deepen our customer relationships to provide a stable base of cash flows.

We intend to maintain and grow our cash flows by focusing on strong customer relationships and actively seeking the extension and renewal of existing charters in addition to new opportunities to serve our customers. Knutsen NYK charters its current fleet to a number of the world’s leading energy companies. We believe the close relationships that Knutsen NYK has with these companies will provide attractive opportunities for us. We continue to incorporate safety, health, security and environmental stewardship into all aspects of vessel design and operation in order to satisfy our customers and comply with national and international rules and regulations.

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Investor Contact

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

Email: IR@knotoffshorepartners.com