KNOT Offshore Partners LP is engaged in the management and expansion of a fleet of specialized shuttle tankers. These vessels are primarily utilized for the intricate logistics of crude oil, operating under extended contractual agreements predominantly within the North Sea and Brazilian offshore regions. The company's services cover the comprehensive crude oil supply chain, from collection and transportation to discharge and temporary storage, facilitated through both time and bareboat charter arrangements. As of March 17, 2022, the organization maintained a fleet comprising seventeen such tankers. KNOT Offshore Partners LP was established in 2013 and has its principal office situated in Aberdeen, United Kingdom.
KNOT Offshore Partners LP Announces 3rd Quarter 2026 Cash Distribution
KNOT Offshore Partners declared a quarterly cash distribution of $0.10 per common unit for the quarter ended September 30, 2026.
The distribution is payable November 12, 2026, to unitholders of record as of October 26, 2026.
Management reiterated its May 28, 2026 view that accretive dropdowns and rechartering improvements should support gradual distribution increases over coming quarters and years.