KNOT Offshore Partners buys shuttle tanker Hedda Knutsen in USD 113 million deal
KNOP•KNOT Offshore Partners to acquire Hedda Knutsen
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.
- The 154,000-deadweight DP2 Suezmax shuttle tanker was delivered in 2024 and is 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.
