KNOT Offshore Unit to Acquire Knutsen Canadian Chartering

09:43 AM EDT, 08/26/2026 (MT Newswires) -- KNOT Offshore Partners (KNOP) unit KNOT Shuttle Tankers has agreed to acquire Knutsen Canadian Chartering from Knutsen NYK Offshore Tankers for $113 million, KNOT said Wednesday. Knutsen Canadian Chartering owns Hedda Knutsen, a 154,000-deadweight-ton Suezmax shuttle tanker operating in Brazil under a Petrobras time charter through November 2034, with an option to extend for another five years, KNOT said. KNOT also completed a $225 million senior secured refinancing for five vessels, with the facility maturing in June 2031 at SOFR plus 1.65% and including a $111.1 million balloon payment at maturity, it added. Price: 10.67, Change: -0.01, Percent Change: -0.06