KNOT Offshore Partners buys shuttle tanker Hedda Knutsen in USD 113 million deal

Reuters2026/08/26 13:02

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

KNOT Offshore Partners agreed to acquire shuttle tanker Hedda Knutsen via Knutsen Canadian Chartering for USD 113 million.
Upfront equity outlay seen at about USD 24.4 million, net of USD 89.4 million debt, including USD 830,400 in capitalized fees.
154,000-deadweight DP2 Suezmax shuttle tanker delivered in 2024; operating in Brazil on a Petrobras time charter through November 2034.
Petrobras holds a 5-year extension option, supporting long-dated contracted cash flow from the acquired vessel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KNOT Offshore Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20260826152857) on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

KNOT Offshore Partners buys shuttle tanker Hedda Knutsen in USD 113 million deal

You may also like

Crypto prices