Search results for: KNOT

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  • 28 August 2019
    Business & Finance

    Knutsen NYK Offshore Tankers AS (KNOT) concludes a time charter contract with Total for a shuttle tanker newbuilding.

  • 27 September 2013

    Knutsen NYK Offshore Tankers AS (KNOT), of which NYK has a 50% share, held a naming ceremony, September 25th, for a new shuttle tanker that is being built at Hyundai Heavy Industries. The ceremony was attended by KNOT president Trygve Seglem, NYK senior managing corporate officer Hitoshi Nagasawa, and NYK corporate officer Svein Steimler, among […]

  • 10 June 2014
    Business & Finance

    KNOT Offshore Partners have entered into new senior secured credit facilities in order to refinance the Partnership’s total long term bank debt. The senior secured credit facilities consist of a $20.0 million revolving credit facility and $360.0 million in aggregate principal amount of term loans. Loans under the senior secured credit facilities will bear interest […]

  • 24 January 2013
    Business & Finance

    On January 15, Knutsen NYK Offshore Tankers AS (KNOT), of which NYK has a 50 percent share, delivered Carmen Knutsen, a new 157,000 DWT offshore shuttle tanker built by Hyundai Heavy Industries, to Repsol YPF A.S. under time-charter contract for five years plus an option for crude oil transport off Brazil. Furthermore, the KNOT Group […]

  • 10 February 2020
    Business & Finance

    DSME has signed a contract with NYK Offshore Tankers AS for two shuttle tankers.

  • 29 November 2018
    Business & Finance

    The CEO and CFO of KNOT Offshore Partners (KNOP) has decided to step down from his roles in the company.

  • 31 January 2014
    Business & Finance

    Damen Shiprepair Brest (France) received a booking for the dry-docking and repairs of two shuttle tankers managed by Knutsen NYK Offshore Tankers A/S. The 88,109 GRT sister vessels Karen Knutsen and Sallie Knutsen expect to arrive end February and Middle of March respectively. Damen Brest’s Managing Director Jos Goris said: “We are very pleased with […]

  • 8 June 2020
    Vessels

    The Finnish technology group Wärtsilä has been contracted to provide tech solutions for KNOT’s two 124,000-DWT shuttle tanker newbuilds.

  • 28 May 2015
    Business & Finance

    KNOT Shuttle Tankers AS has entered into a share purchase agreement to acquire KNOT Shuttle Tankers 21 AS, the company that owns the shuttle tanker, Dan Sabia, from Knutsen NYK Offshore Tankers AS. The purchase price of the acquisition is USD 103 million, net of USD 64.5 million of outstanding indebtedness related to the Dan […]

  • 11 August 2017

    KNOT Offshore Partners is set to expand its fleet with the recently built Lena Knutsen shuttle tanker. During the second quarter, the company entered into a share purchase agreement with Knutsen NYK to acquire the company that owns the Lena Knutsen. Built by Hyundai Heavy Industries in South Korea in June of 2017, the Lena Knutsen […]

  • 16 January 2015

    Knutsen NYK Offshore Tankers AS (KNOT) has secured a time-charter contract with European oil major for a maximum 11-year period starting in the first quarter of 2017. A shuttle tanker loads crude oil from floating production, storage, and offloading (FPSO) units in deepwater fields while maintaining a certain distance in the ocean, and then transports the oil […]

  • 12 December 2013
    Business & Finance

    KNOT FSO 1 AS, a wholly owned subsidiary of Knutsen NYK Offshore Tankers AS, of which NYK has a 50 percent share, has signed a time-charter contract with Total E&P Norge AS for a floating, storage, and offloading unit (FSO). For this project, a KNOT shuttle tanker will be converted into an FSO unit and […]

  • 16 January 2015
    Business & Finance

    Knutsen NYK Offshore Tankers (KNOT) has through a subsidiary signed a deal for a long-term time charter to an international oil company of a new DP2 suezmax shuttle tanker. The vessel, expected for delivery in the first quarter of 2017, has been ordered at Cosco Zhoushan in China and will be a sister vessel of MT […]

  • 29 September 2017

    Shuttle tankers operator KNOT Offshore Partners has completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Lena Knutsen (KNOT Shuttle Tankers 26). KNOT Offshore announced the deal to buy the shuttle tanker back in August this year. The acquisition was done for an aggregate purchase price of $142 million less $133.8 […]

  • 12 October 2007

    ERMIS2 is a 38m (124ft) superyacht capable of blasting across the water at a 60 knots (for landlubbers who think in km/h, try doubling that and you’ll be pretty close.) That’s about the same speed as a small race-tuned powerboat or a powerful PWC (better known to most boaties as one of those ‘pesky jetskis’.)

  • 11 January 2007

    Eyeing Record, Tycoon Builds a Bigger Yacht; Challenging the Saudis. At a shipyard in Hamburg, Germany, on a construction dock hidden from public view, workers are toiling away on a special boat. It’s called “Eclipse.” And if all goes according to plan, it will become the largest privately owned yacht in the world.

  • 29 August 2019

    French oil giant Total has hired a shuttle tanker from Knutsen NYK Offshore Tankers (KNOT) for the use in Brazil.

  • 14 October 2015
    Business & Finance

    KNOT Offshore Partners LP (KNOP) has agreed to buy one tanker from Knutsen NYK Offshore Tankers AS (KNOT), and to extend the charter of another tanker currently serving Repsol Sinopec Brasil.  KNOP’s wholly owned subsidiary, KNOT Shuttle Tankers AS, has entered into a share purchase agreement to acquire Knutsen NYK Shuttle Tankers 16 AS, the company […]

  • 16 June 2015
    Business & Finance

    The NYSE-listed shipowning partnership KNOT Offshore Partners (KNOP) has completed the previously announced acquisition of all the ownership interests in KNOT Shuttle Tankers 21 AS, the company that owns and operates the 2012-built, 59,000 dwt double-hull DP2 shuttle tanker Dan Sabia. The purchase price was USD 103 million, net of USD 64.5 million of outstanding indebtedness related to the […]

  • 14 October 2015
    Business & Finance

    KNOT Offshore Partners LP (KNOP) has agreed to buy one tanker from Knutsen NYK Offshore Tankers AS (KNOT), and to extend the charter of another tanker currently serving Repsol Sinopec Brasil.  KNOP’s wholly owned subsidiary, KNOT Shuttle Tankers AS, has entered into a share purchase agreement to acquire Knutsen NYK Shuttle Tankers 16 AS, the company […]

  • 15 September 2016
    Business & Finance

    Norwegian oil company Statoil has extended a charter deal for the Bodil Knutsen shuttle tanker, owned by KNOT Offshore Partners. This means that Statoil has now exercised the last of two optional years of the time charter for the 2011-built vessel. The firm contract has been extended from May 2017, until May 2019. Following the […]

  • 12 December 2013
    Business & Finance

    KNOT FSO 1 AS, a wholly owned subsidiary of Knutsen NYK Offshore Tankers AS, of which NYK has a 50 percent share, has signed a time-charter contract with Total E&P Norge AS for a floating, storage, and offloading unit (FSO).   For this project, a KNOT shuttle tanker will be converted into an FSO unit […]