Acquiring Company
KNOT Offshore Partners
Acquired Company
Knutsen NYK Offshore Tankers AS
Description
KNOT Offshore Partners LP announced the acquisition of Knutsen Canadian Chartering AS, which owns the shuttle tanker Hedda Knutsen. The deal is valued at $113 million, after accounting for outstanding debts. This acquisition will enhance KNOT Offshore's fleet capabilities.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Knutsen NYK Offshore Tankers AS?
Knutsen NYK Offshore Tankers AS was acquired by KNOT Offshore Partners. The deal was reported on August 26, 2026. KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners is publicly traded (KNOP) and operates in Other.
When did KNOT Offshore Partners acquire Knutsen NYK Offshore Tankers AS?
KNOT Offshore Partners's acquisition of Knutsen NYK Offshore Tankers AS was reported on August 26, 2026. KNOT Offshore Partners LP announced the acquisition of Knutsen Canadian Chartering AS, which owns the shuttle tanker Hedda Knutsen. The deal is valued at $113 million, after accounting for outstanding debts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Knutsen NYK Offshore Tankers AS do?
Knutsen NYK Offshore Tankers AS specializes in offshore shipping, particularly in the oil and gas sector. The company operates a fleet of shuttle tankers and is known for its focus on safety and efficiency. It is privately held, operating in Oil And Gas, and is based in Albania.
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