KNOT books shuttle tanker newbuild for Petrobras constitution

Knutsen NYK Offshore Tankers (KNOT) has inked a contract with Cosco Transport Heavy Trade (Zhoushan) for a newbuild suezmax shuttle tanker.

The 154,000 dwt ship will ship in 2025 and go on a 15-year-long constitution with Brazilian oil large Petrobras. KNOT has one other unit set to ship in 2024 backed by a 10-year Petrobras constitution.

The Haugesund-based KNOT is a shuttle tanker three way partnership established by Norway’s Knutsen and Japan’s Nippon Yusen Kaisha (NYK) in 2010. The 2 homeowners are additionally companions in Knutsen NYK Carbon Carriers (KNCC) – a liquefied CO2 service enterprise.

Knutsen mentioned that with the newest order it will have a complete of 26 newbuilds underneath development in each LNG and shuttle tanker sectors.