KNOT Offshore Partners LP Acquires Hedda Knutsen and Completes $225 Million Loan Refinancing

KNOT Offshore Partners LP Acquires Hedda Knutsen and Completes $225 Million Loan Refinancing

KNOT Offshore Partners LP (NYSE:KNOP) (“KNOP”, “we” or ”us”) 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, Hedda Knutsen, from Knutsen NYK Offshore Tankers AS (the “Acquisition”).