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   <title>Tanker rates hit records as Hormuz Strait closure persists</title>
   <link>http://www.streetinsider.com/General+News/Tanker+rates+hit+records+as+Hormuz+Strait+closure+persists/27151022.html</link>
   <description>&lt;p&gt;Investing.com -- Spot rates for crude and product tankers reached record levels as the Strait of Hormuz remains largely closed, according to B. Riley. Progress toward reopening the strait has been uneven.&lt;/p&gt;&lt;p&gt;Tanker operators are choosing to operate mainly in the spot market rather than accepting time charter offers at longer durations, despite attractive rates being offered for those contracts. The spot market's short-term nature has introduced higher risk levels to the sector during this period of elevated rates.&lt;/p&gt;&lt;p&gt;B. Riley said longer-term indicators point to continued strength for the remainder of fiscal year 2026 and the first half of 2027. The</description>
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   <pubDate>Tue, 06 Oct 2026 05:08:20 -0400</pubDate>
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   <title>Tanker rates hit records as Hormuz Strait closure persists</title>
   <link>http://www.streetinsider.com/General+News/Tanker+rates+hit+records+as+Hormuz+Strait+closure+persists/27151022.html</link>
   <description>&lt;p&gt;Investing.com -- Spot rates for crude and product tankers reached record levels as the Strait of Hormuz remains largely closed, according to B. Riley. Progress toward reopening the strait has been uneven.&lt;/p&gt;&lt;p&gt;Tanker operators are choosing to operate mainly in the spot market rather than accepting time charter offers at longer durations, despite attractive rates being offered for those contracts. The spot market's short-term nature has introduced higher risk levels to the sector during this period of elevated rates.&lt;/p&gt;&lt;p&gt;B. Riley said longer-term indicators point to continued strength for the remainder of fiscal year 2026 and the first half of 2027. The</description>
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   <pubDate>Tue, 06 Oct 2026 05:08:20 -0400</pubDate>
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   <title>Tanker rates hit records as Hormuz Strait closure persists</title>
   <link>http://www.streetinsider.com/General+News/Tanker+rates+hit+records+as+Hormuz+Strait+closure+persists/27151022.html</link>
   <description>&lt;p&gt;Investing.com -- Spot rates for crude and product tankers reached record levels as the Strait of Hormuz remains largely closed, according to B. Riley. Progress toward reopening the strait has been uneven.&lt;/p&gt;&lt;p&gt;Tanker operators are choosing to operate mainly in the spot market rather than accepting time charter offers at longer durations, despite attractive rates being offered for those contracts. The spot market's short-term nature has introduced higher risk levels to the sector during this period of elevated rates.&lt;/p&gt;&lt;p&gt;B. Riley said longer-term indicators point to continued strength for the remainder of fiscal year 2026 and the first half of 2027. The</description>
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   <pubDate>Tue, 06 Oct 2026 05:08:20 -0400</pubDate>
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   <title>Tanker rates hit records as Hormuz Strait closure persists</title>
   <link>http://www.streetinsider.com/General+News/Tanker+rates+hit+records+as+Hormuz+Strait+closure+persists/27151022.html</link>
   <description>&lt;p&gt;Investing.com -- Spot rates for crude and product tankers reached record levels as the Strait of Hormuz remains largely closed, according to B. Riley. Progress toward reopening the strait has been uneven.&lt;/p&gt;&lt;p&gt;Tanker operators are choosing to operate mainly in the spot market rather than accepting time charter offers at longer durations, despite attractive rates being offered for those contracts. The spot market's short-term nature has introduced higher risk levels to the sector during this period of elevated rates.&lt;/p&gt;&lt;p&gt;B. Riley said longer-term indicators point to continued strength for the remainder of fiscal year 2026 and the first half of 2027. The</description>
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   <title>Tanker rates hit records as Hormuz Strait closure persists</title>
   <link>http://www.streetinsider.com/General+News/Tanker+rates+hit+records+as+Hormuz+Strait+closure+persists/27151022.html</link>
   <description>&lt;p&gt;Investing.com -- Spot rates for crude and product tankers reached record levels as the Strait of Hormuz remains largely closed, according to B. Riley. Progress toward reopening the strait has been uneven.&lt;/p&gt;&lt;p&gt;Tanker operators are choosing to operate mainly in the spot market rather than accepting time charter offers at longer durations, despite attractive rates being offered for those contracts. The spot market's short-term nature has introduced higher risk levels to the sector during this period of elevated rates.&lt;/p&gt;&lt;p&gt;B. Riley said longer-term indicators point to continued strength for the remainder of fiscal year 2026 and the first half of 2027. The</description>
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   <pubDate>Tue, 06 Oct 2026 05:08:20 -0400</pubDate>
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   <title>Tanker rates hit records as Hormuz Strait closure persists</title>
   <link>http://www.streetinsider.com/General+News/Tanker+rates+hit+records+as+Hormuz+Strait+closure+persists/27151022.html</link>
   <description>&lt;p&gt;Investing.com -- Spot rates for crude and product tankers reached record levels as the Strait of Hormuz remains largely closed, according to B. Riley. Progress toward reopening the strait has been uneven.&lt;/p&gt;&lt;p&gt;Tanker operators are choosing to operate mainly in the spot market rather than accepting time charter offers at longer durations, despite attractive rates being offered for those contracts. The spot market's short-term nature has introduced higher risk levels to the sector during this period of elevated rates.&lt;/p&gt;&lt;p&gt;B. Riley said longer-term indicators point to continued strength for the remainder of fiscal year 2026 and the first half of 2027. The</description>
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   <title>KNOT Offshore Partners LP Announces 3rd Quarter 2026 Cash Distribution</title>
   <link>http://www.streetinsider.com/Press+Releases/KNOT+Offshore+Partners+LP+Announces+3rd+Quarter+2026+Cash+Distribution/27131960.html</link>
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&lt;p&gt;    ABERDEEN, Scotland--(BUSINESS WIRE)--
KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)

&lt;/p&gt;&lt;p&gt;
&lt;b&gt;Distribution for 3Q 2026&lt;/b&gt;

&lt;/p&gt;&lt;p&gt;
The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2026, of US$ 0.10 per common unit.

&lt;/p&gt;&lt;p&gt;
This cash distribution will be paid on November 12, 2026, to all unitholders of record as of the close of business on October 26, 2026.

&lt;/p&gt;&lt;p&gt;
This distribution reflects the Partnership’s belief, as outlined on May 28, 2026, that the combination of accretive dropdowns and improvements from rechartering should support multiple, gradual distribution increases over the coming quarters</description>
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   <pubDate>Thu, 01 Oct 2026 08:12:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">KNOP</category>
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   <title>KNOT Offshore Partners LP Announces 3rd Quarter 2026 Cash Distribution</title>
   <link>http://www.streetinsider.com/Business+Wire/KNOT+Offshore+Partners+LP+Announces+3rd+Quarter+2026+Cash+Distribution/27131960.html</link>
   <description>
&lt;p&gt;    ABERDEEN, Scotland--(BUSINESS WIRE)--
KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)

&lt;/p&gt;&lt;p&gt;
&lt;b&gt;Distribution for 3Q 2026&lt;/b&gt;

&lt;/p&gt;&lt;p&gt;
The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2026, of US$ 0.10 per common unit.

&lt;/p&gt;&lt;p&gt;
This cash distribution will be paid on November 12, 2026, to all unitholders of record as of the close of business on October 26, 2026.

&lt;/p&gt;&lt;p&gt;
This distribution reflects the Partnership’s belief, as outlined on May 28, 2026, that the combination of accretive dropdowns and improvements from rechartering should support multiple, gradual distribution increases over the coming quarters</description>
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   <pubDate>Thu, 01 Oct 2026 08:12:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">KNOP</category>
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   <title>Form  6-K        KNOT Offshore Partners    For: Jun 30</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++6-K++++++++KNOT+Offshore+Partners++++For%3A+Jun+30/27039205.html</link>
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   <pubDate>Wed, 09 Sep 2026 07:11:00 -0400</pubDate>
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   <title>Form  6-K        KNOT Offshore Partners    For: Sep 03</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++6-K++++++++KNOT+Offshore+Partners++++For%3A+Sep+03/27025327.html</link>
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   <pubDate>Thu, 03 Sep 2026 16:21:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">KNOP</category>
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   <title>KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 2026</title>
   <link>http://www.streetinsider.com/Press+Releases/KNOT+Offshore+Partners+LP+Earnings+Release%E2%80%94Interim+Results+for+the+Period+Ended+June+30%2C+2026/27025192.html</link>
   <description>
&lt;p&gt;    ABERDEEN, Scotland--(BUSINESS WIRE)--
KNOT Offshore Partners LP (NYSE:KNOP):

&lt;/p&gt;&lt;p&gt;
&lt;b&gt;Financial Highlights&lt;/b&gt;

&lt;/p&gt;&lt;p&gt;
For the three months ended June 30, 2026 (“Q2 2026”), KNOT Offshore Partners LP (“KNOT Offshore Partners,” “we” or the “Partnership”; NYSE:KNOP):

&lt;/p&gt;&lt;ul class=&quot;bwlistdisc&quot;&gt;
&lt;li&gt;
Generated total revenues of $96.8 million, operating income of $15.6 million and net income of $3.4 million;

&lt;/li&gt;
&lt;li&gt;
Generated Adjusted EBITDA1 of $57.6 million; and

&lt;/li&gt;
&lt;li&gt;
Reported available liquidity of $143.3 million at June 30, 2026, which was comprised of cash and cash equivalents of $95.3 million and undrawn revolving credit facility capacity of $48.0 million.

&lt;/li&gt;
&lt;li&gt;
This $2.6 million increase in the amount of reported available liquidity at June 30, 2026, by</description>
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   <pubDate>Thu, 03 Sep 2026 16:15:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">KNOP</category>
   	  </item>
  <item>
   <title>KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 2026</title>
   <link>http://www.streetinsider.com/Business+Wire/KNOT+Offshore+Partners+LP+Earnings+Release%E2%80%94Interim+Results+for+the+Period+Ended+June+30%2C+2026/27025192.html</link>
   <description>
&lt;p&gt;    ABERDEEN, Scotland--(BUSINESS WIRE)--
KNOT Offshore Partners LP (NYSE:KNOP):

&lt;/p&gt;&lt;p&gt;
&lt;b&gt;Financial Highlights&lt;/b&gt;

&lt;/p&gt;&lt;p&gt;
For the three months ended June 30, 2026 (“Q2 2026”), KNOT Offshore Partners LP (“KNOT Offshore Partners,” “we” or the “Partnership”; NYSE:KNOP):

&lt;/p&gt;&lt;ul class=&quot;bwlistdisc&quot;&gt;
&lt;li&gt;
Generated total revenues of $96.8 million, operating income of $15.6 million and net income of $3.4 million;

&lt;/li&gt;
&lt;li&gt;
Generated Adjusted EBITDA1 of $57.6 million; and

&lt;/li&gt;
&lt;li&gt;
Reported available liquidity of $143.3 million at June 30, 2026, which was comprised of cash and cash equivalents of $95.3 million and undrawn revolving credit facility capacity of $48.0 million.

&lt;/li&gt;
&lt;li&gt;
This $2.6 million increase in the amount of reported available liquidity at June 30, 2026, by</description>
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   <pubDate>Thu, 03 Sep 2026 16:15:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">KNOP</category>
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   <title>Form  6-K        KNOT Offshore Partners    For: Aug 26</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++6-K++++++++KNOT+Offshore+Partners++++For%3A+Aug+26/26978235.html</link>
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   <pubDate>Wed, 26 Aug 2026 09:11:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">KNOP</category>
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   <title>Form  6-K        KNOT Offshore Partners    For: Aug 26</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++6-K++++++++KNOT+Offshore+Partners++++For%3A+Aug+26/26978235.html</link>
   <description>si-local-file:///var/storage/secattach/20260826/26978235.html</description>
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   <pubDate>Wed, 26 Aug 2026 09:11:00 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">KNOP</category>
   	   	<category domain="http://rss.financialcontent.com/stocksymbol">O.15590032</category>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/KNOT+Offshore+Partners+acquires+Hedda+Knutsen%2C+refinances+%24225M+loan/26978083.html</link>
   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <pubDate>Wed, 26 Aug 2026 09:00:40 -0400</pubDate>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/KNOT+Offshore+Partners+acquires+Hedda+Knutsen%2C+refinances+%24225M+loan/26978083.html</link>
   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <pubDate>Wed, 26 Aug 2026 09:00:40 -0400</pubDate>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners acquires Hedda Knutsen, refinances $225M loan</title>
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   <description>

&lt;p&gt;KNOT Offshore Partners LP (NYSE: KNOP) announced the acquisition of Knutsen Canadian Chartering AS, the owner of the shuttle tanker &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS, according to a press release.&lt;/p&gt;

&lt;p&gt;The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million in capitalized fees, resulting in an initial acquisition cost of approximately $24.4 million, subject to post-closing working capital adjustments.&lt;/p&gt;

&lt;p&gt;The &lt;i&gt;Hedda Knutsen&lt;/i&gt; is a 154,000-deadweight ton DP2 Suezmax class shuttle tanker built by COSCO Shipping Heavy Industry and delivered in 2024. The vessel operates in Brazil under a time charter with Petrobras, with a</description>
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   <title>KNOT Offshore Partners LP Acquires Hedda Knutsen and Completes $225 Million Loan Refinancing</title>
   <link>http://www.streetinsider.com/Press+Releases/KNOT+Offshore+Partners+LP+Acquires+Hedda+Knutsen+and+Completes+%24225+Million+Loan+Refinancing/26978061.html</link>
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&lt;p&gt;    ABERDEEN, Scotland--(BUSINESS WIRE)--
KNOT Offshore Partners LP (NYSE:KNOP):

&lt;/p&gt;&lt;p&gt;
&lt;b&gt;&lt;i&gt;Hedda Knutsen &lt;/i&gt;acquisition&lt;/b&gt;

&lt;/p&gt;&lt;p&gt;
KNOT Offshore Partners LP (NYSE:KNOP) &lt;i&gt;(“KNOP”, “we” or ”us”) &lt;/i&gt;announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has agreed to acquire Knutsen Canadian Chartering AS, the company that owns the shuttle tanker, &lt;i&gt;Hedda Knutsen&lt;/i&gt;, from Knutsen NYK Offshore Tankers AS (the “Acquisition”).

&lt;/p&gt;&lt;p&gt;
The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million of capitalized fees related to the credit facility secured by the &lt;i&gt;Hedda Knutsen&lt;/i&gt;. The initial cost of the Acquisition will therefore be approximately $24.4 million, and is subject to</description>
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