KNOP - Mergers and acquisitions

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership"), an owner and operator of shuttle tankers, announced today that its Annual Report on Form 20-F for the year ended December 31, 2025 has been filed with the SEC. The report can be accessed on the Partnership's website www.knotoffshorepartners.com in the "Investors" section under "Financial Information" then "Annual Report" or "SEC Filings", or on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Unitholders may also request a hard copy of the Annual Report, which includes the Partnership's complete audited financial statements, free of charge, by emailing: ir@knotoffshorepartners.com Or by writing to:

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution for 1Q 2026 The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2026, of US$ 0.05 per common unit. This cash distribution will be paid on May 14, 2026, to all unitholders of record as of the close of business on April 27, 2026. The Board has decided on this increase in distribution pending further steps in the coming months in its continual review of capital allocation. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offs

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") announced today that discussions regarding the unsolicited non-binding proposal received by the Partnership on October 31, 2025 from Knutsen NYK Offshore Tankers AS ("KNOT"), pursuant to which KNOT proposed to acquire through a wholly-owned subsidiary all publicly held common units of the Partnership in exchange for cash (the "KNOT Offer"), have been terminated. The Conflicts Committee of the Partnership's Board, which is comprised of only non-KNOT-affiliated directors, retained independent financial and legal advisors to assist it in evaluating the KNOT Offer. The Conflicts Committee and its independent advisors reviewed the KNO

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution for 4Q 2025 The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2025, of US$ 0.026 per common unit. This cash distribution will be paid on February 5, 2026, to all unitholders of record as of the close of business on January 26, 2026. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master limited pa

KNOT Offshore Partners LP (NYSE:KNOP) (the "Partnership") today announced that its adjourned 2025 Annual Meeting of Limited Partners was convened on January 5, 2026, but failed to reach the requisite quorum. Given the passage of time from the record date of November 6, 2025 for determining unitholders entitled to vote at the 2025 Annual Meeting, a new record date and meeting date will be determined. Notice of the rescheduled meeting and proxy materials will be provided to unitholders of record as of the new record date when available. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") today announced that, due to a lack of quorum, it has adjourned its 2025 Annual Meeting of limited partners until 3 P.M. UK time on December 22, 2025, at Floor 19, 1 Cabot Square, Canary Wharf, London E14 4QJ, United Kingdom. The record date for voting at the Annual Meeting will remain November 6, 2025. No changes have been made in the proposals to be voted on by unitholders at the Annual Meeting. The Partnership's proxy statement and any other materials filed by the Partnership with the SEC remain unchanged. If you have already voted, you do not need to vote again, and we thank you for your support. If you are a unitholder of re

KNOT Offshore Partners LP (NYSE:KNOP) ("KNOP" or the "Partnership") announced today that the Board of Directors of the Partnership (the "KNOP Board") received an unsolicited non-binding proposal, dated October 31, 2025, from Knutsen NYK Offshore Tankers AS ("KNOT") pursuant to which KNOT would acquire through a wholly-owned subsidiary all publicly held common units of the Partnership in exchange for $10 in cash per common unit. KNOT has proposed that a transaction would be effectuated through a merger between the Partnership and a subsidiary of KNOT. The Conflicts Committee of the KNOP Board, comprised of only non-KNOT-affiliated directors, will retain advisors and will evaluate the offer

KNOT Offshore Partners LP (NYSE:KNOP) ("KNOP" or the "Partnership") advises that its 2025 Annual Meeting will be held on December 15, 2025. The record date for voting at the Annual Meeting is set to November 6, 2025. The notice, agenda and associated material will be distributed prior to the meeting. The 2025 Annual Meeting will be held at 2 Queen's Cross, Aberdeen AB15 4YB, United Kingdom at 4:00 pm UK time. Additionally, the Board of Directors of KNOP (the "Board") announces its nomination of Ms. Pernille Østensjø to serve as an Independent Director of the Board, subject to a vote by the Partnership's unitholders at the Annual Meeting. Ms. Østensjø currently serves as a senior advis

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution for 3Q 2025 The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2025, of US$ 0.026 per common unit. This cash distribution will be paid on November 6, 2025, to all unitholders of record as of the close of business on October 27, 2025. The Partnership continues to believe that key components of its strategy and value proposition are accretive investment in the fleet and a long-term, sustainable distribution. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers prim

Partnership to acquire 2022-built DP2 Suezmax shuttle tanker Daqing Knutsen Sale & leaseback of Tove Knutsen expected to release approximately $32 million of proceeds Partnership is establishing a $10 million common unit buyback program KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") today provided a strategic and operational update on a number of developments involving fleet expansion, chartering, refinancing, and a common unit buyback program. In addition to the updates related to ongoing operations and additional detail provided later in this announcement, key developments include the following: The outstanding debt of the Tove Knutsen is expected to be refinance

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2025, of US$ 0.026 per common unit. This cash distribution will be paid on May 8, 2025, to all unitholders of record as of the close of business on April 28, 2025. The Partnership continues to believe that key components of its strategy and value proposition are accretive investment in the fleet and a long-term, sustainable distribution. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charter

KNOT Offshore Partners LP (NYSE:KNOP) (the "Partnership") The Partnership announced today that there has been a change on the board of directors of the Partnership. The Partnership's general partner has appointed Mr. Masami Okubo to replace Mr. Yasuhiro Fukuda, both of whom are employees of Nippon Yusen Kabushiki Kaisha ("NYK"), on the Partnership's Board of Directors, effective April 1, 2025. Mr. Okubo is the Managing Director of NYK Energy Transport (Atlantic) Ltd., based in London. From April 2024 to March 2025, he was Senior General Manager of NYK's LNG Group, following two years as General Manager. Between 2016 and 2022, Mr. Okubo was Manager of NYK's Offshore Business Group, having

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership"), an owner and operator of shuttle tankers, announced today that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the SEC. The report can be accessed on the Partnership's website www.knotoffshorepartners.com in the "Investors" section under "Financial Information" then "Annual Report" or "SEC Filings", or on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Unitholders may also request a hard copy of the Annual Report, which includes the Partnership's complete audited financial statements, free of charge, by emailing: ir@knotoffshorepartners.com Or by writing to: KNO

Exchange results in exit of smaller-scale, 2012-built Dan Sabia from KNOP and addition of 2021-built, industry-standard Suezmax shuttle tanker Live Knutsen Fixed charter through 2026 and subsequent rate continuation guarantee from KNOT ensure contracted revenues from newly acquired vessel until 2029 KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") The Partnership announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has entered into agreements with our Sponsor, Knutsen NYK Offshore Tankers AS ("KNOT"), to simultaneously: acquire from KNOT the shuttle tanker, Live Knutsen (the "Live Knutsen Acquisition"); and sell to KNOT the shuttle tanker, Dan Sabi

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on February 6, 2025, to all unitholders of record as of the close of business on January 27, 2025. The Partnership continues to believe that key components of its strategy and value proposition are accretive investment in the fleet and a long-term, sustainable distribution. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under l

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on November 7, 2024, to all unitholders of record as of the close of business on October 28, 2024. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership") advises that its 2024 Annual Meeting will be held on November 7, 2024. The record date for voting at the Annual Meeting is set to October 3, 2024. The notice, agenda and associated material will be distributed prior to the meeting. The 2024 Annual Meeting will be held at Floor 19, 1 Cabot Square, Canary Wharf, London E14 4QJ, United Kingdom at 3:00 pm UK time. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master l

Exchange results in exit of smaller-scale, 2011-built Dan Cisne from KNOP and addition of 2021-built, industry-standard Suezmax shuttle tanker Tuva Knutsen Fixed charter through 2026 and subsequent rate continuation guarantee from KNOT ensure contracted revenues from newly acquired vessel until 2031 KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") The Partnership announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has entered into agreements with our Sponsor, Knutsen NYK Offshore Tankers AS ("KNOT"), to simultaneously: acquire from KNOT the shuttle tanker, Tuva Knutsen (the "Tuva Knutsen Acquisition"); and sell to KNOT the shuttle tanker, Dan Cisn

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on August 8, 2024, to all unitholders of record as of the close of business on July 29, 2024. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is clas

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2024, of US$ 0.026 per common unit. This cash distribution will be paid on May 9, 2024, to all unitholders of record as of the close of business on April 29, 2024. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is class

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership"), an owner and operator of shuttle tankers, announced today that its Annual Report on Form 20-F for the year ended December 31, 2023 has been filed with the SEC. The report can be accessed on the Partnership's website www.knotoffshorepartners.com in the "Investors" section under "Financial Information" then "Annual Report" or "SEC Filings", or on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Unitholders may also request a hard copy of the Annual Report, which includes the Partnership's complete audited financial statements, free of charge, by emailing: ir@knotoffshorepartners.com Or by writing to:

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2023, of US$ 0.026 per common unit. This cash distribution will be paid on February 8, 2024 to all unitholders of record as of the close of business on January 29, 2024. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership") advises that its 2023 Annual Meeting will be held on December 4, 2023. The record date for voting at the Annual Meeting is set to November 6, 2023. The notice, agenda and associated material will be distributed prior to the meeting. The 2023 Annual Meeting will be held at Floor 19, 1 Cabot Square, Canary Wharf, London E14 4QJ, United Kingdom at 3:00 pm UK time. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded mas

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September, 30 2023, of US$ 0.026 per common unit. This cash distribution will be paid on November 9, 2023 to all unitholders of record as of the close of business on October 26, 2023. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership bu

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended June, 30 2023, of $0.026 per common unit. This cash distribution will be paid on August 10, 2023 to all unitholders of record as of the close of business on July 27, 2023. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is classif

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2023, of $0.026 per common unit. This cash distribution will be paid on May 11, 2023 to all unitholders of record as of the close of business on April 27, 2023. About KNOT Offshore Partners LP 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 LP is structured as a publicly traded master limited partnership but is classified

KNOT Offshore Partners LP (the "Partnership") (NYSE:KNOP), an owner and operator of shuttle tankers, announced today that Gary Chapman, KNOP's CEO and CFO, has given notice that he intends to resign from his roles at the Partnership in order to pursue an opportunity outside of the shuttle tanker sector. Mr. Chapman will remain available to assist the Partnership in his current roles for up to six months in order to provide the Partnership with time to find and appoint a suitable successor and to ensure a smooth transition. Trygve Seglem, Chairman of KNOP's Board of Directors, commented: "On the behalf of our Board, I would like to thank Gary for his significant contribution to KNOP and

KNOT Offshore Partners LP (the "Partnership") (NYSE:KNOP), an owner and operator of shuttle tankers, announced today that there has been a change on the board of directors of the Partnership. The Partnership's general partner has appointed Mr. Yasuhiro Fukuda to replace Mr. Junya Omoto, both of whom are employees of Nippon Yusen Kabushiki Kaisha ("NYK"), on the Partnership's Board of Directors, effective April 1, 2023. Mr. Fukuda presently serves as the General Manager, Offshore Business Group, for NYK. Mr. Fukuda joined NYK in 1996 and until 2004 served in the Car Carrier division and the Corporate Planning division in Japan. In 2005, Mr. Fukuda joined NYK's LNG Group, transitioning to

KNOT Offshore Partners LP (the "Partnership") (NYSE:KNOP), an owner and operator of shuttle tankers, announced today that its Annual Report on Form 20-F for the year ended December 31, 2022 has been filed with the SEC. The report can be accessed on the Partnership's website www.knotoffshorepartners.com in the "Investors" section under "Financial Information" then "Annual Report" or "SEC Filings", or on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Unitholders may also request a hard copy of the Annual Report, which includes the Partnership's complete audited financial statements, free of charge, by emailing: ir@knotoffshorepartners.com Or by writing to: KNO

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2022, of $0.026 per common unit. This cash distribution will be paid on February 9, 2023 to all unitholders of record as of the close of business on January 26, 2023. Gary Chapman, CEO and CFO of the Partnership, commented, "In this near-term period of heightened uncertainty for the shuttle tanker market, as we have previously set out, a top operational priority has been to secure additional charter coverage for our fleet at an acceptable rate that ensures the sustainab

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership") today announced that the U.S. Treasury and Internal Revenue Service ("IRS") final regulations concerning publicly traded partnerships that are taxed as partnerships for U.S. federal income tax purposes ("PTP") that are coming into effect on January 1, 2023, will not affect its unitholders. These regulations oblige brokers, withholding agents and qualified intermediaries to withhold a 10% tax on a non-U.S. partner's disposition of an interest in a PTP. As a result, certain non-U.S. brokers may not permit non-U.S. persons to hold such PTP interests in their brokerage account. KNOP elects to be treated as a C corporation for U.S. fede

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2022, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on November 9, 2022 to all unitholders of record as of the close of business on October 27, 2022. About KNOT Offshore Partners LP 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 LP is structu

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2022, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on August 11, 2022 to all unitholders of record as of the close of business on July 28, 2022. About KNOT Offshore Partners LP 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 LP is structured as a

KNOT Offshore Partners LP (the "Partnership") (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired KNOT Shuttle Tankers 35 AS, the company that owns the shuttle tanker, Synnøve Knutsen, from Knutsen NYK Offshore Tankers AS ("KNOT" "Sponsor") (the "Acquisition"). The purchase price of the Acquisition, which has been financed on a non-dilutive basis using borrowings under a new and separate sale and leaseback agreement with respect to the Torill Knutsen, is $119 million, less $87.7 million of outstanding indebtedness. The Synnøve Knutsen, a 153,000-deadweight ton DP2 Suezmax class shuttle tanker, was built by Hyundai Heavy Industries and deliver

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2022, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on May 12, 2022 to all unitholders of record as of the close of business on April 28, 2022. About KNOT Offshore Partners LP 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 LP is structured as a p

KNOT Offshore Partners LP (the "Partnership") (NYSE:KNOP) announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the SEC and can be accessed on the Partnership's website www.knotoffshorepartners.com under the "Investor Relations" section or on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Unitholders may also request a hard copy of the Annual Report, which includes the Partnership's complete audited financial statements, free of charge, by emailing the Partnership at: ir@knotoffshorepartners.com Or by writing to: KNOT Offshore Partners LP 2 Queen's Cross Aberdeen AB15 4YB United Kingdom About KNOT Offshor

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2021, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on February 10, 2022 to all unitholders of record as of the close of business on January 28, 2022. About KNOT Offshore Partners LP 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 LP is structu

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2021, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on November 10, 2021 to all unitholders of record as of the close of business on October 28, 2021. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a

KNOT Offshore Partners LP (the "Partnership") (NYSE:KNOP) will host its 2021 Virtual Investor Day today at 10:00 am ET, where the Partnership and its sponsor, Knutsen NYK Offshore Tankers AS, will provide an overview of the shuttle tanker business, give an update on the shuttle tanker market, and outline the supportive fundamentals that continue to underpin the Partnership's leading market position and future growth expectations. In addition, third-party experts from Fearnleys and Rystad Energy will present on Shuttle Tanker Fundamentals and Shuttle Tanker Market Outlook respectively. A Q&A session will follow the prepared remarks. The event will begin at 10:00 am ET today with a live vi

KNOT Offshore Partners LP (the "Partnership") (NYSE:KNOP) announced today that the Partnership will host a virtual Investor Day on Wednesday, October 6, 2021, starting at 10:00 am EST. During the event, which will be webcast live, the Partnership and its sponsor, Knutsen NYK Offshore Tankers AS, alongside leading third-party experts will provide an overview of the shuttle tanker business, give an update on the shuttle tanker market, and outline the supportive fundamentals that continue to underpin the Partnership's leading market position and future growth expectations. This will be followed by a Q&A session. In order to access the live video webcast, or to view an archived replay, please

IDR elimination modernizes capital structure and aligns interests of sponsor and KNOP unitholders KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership") announced today that the Partnership has entered into an exchange agreement with its sponsor, Knutsen NYK Offshore Tankers AS ("Knutsen NYK"), and its general partner whereby Knutsen NYK will contribute to the Partnership all of Knutsen NYK's incentive distribution rights ("IDRs"), in exchange for the issuance by the Partnership to Knutsen NYK of 673,080 common units and 673,080 Class B Units, whereupon the IDRs will immediately be cancelled and cease to exist (the "IDR Exchange"). The Class B Units are a new class of limited partner in

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2021, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on August 12, 2021 to all unitholders of record as of the close of business on July 29, 2021. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly t

KNOT Offshore Partners LP (NYSE:KNOP) ("the Partnership") plans to release its financial results for the First Quarter of 2021 before opening of the market on Thursday, May 13, 2021. The Partnership also plans to host a conference call on Thursday, May 13, 2021 at 11:00 AM (Eastern Time) to discuss the results for the First Quarter of 2021. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1-855-209-8259 from the US, dialing 1-855-669-9657 from Canada or 1-412-542-4105 if outside North America (please ask to be joined into the KNOT Offshore Partners LP call). By accessing the webcast, which will b

KNOT Offshore Partners LP (NYSE:KNOP) ("The Partnership") Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2021, of $0.52 per unit. This corresponds to $2.08 per outstanding unit on an annualized basis. This cash distribution will be paid on May 13, 2021 to all unitholders of record as of the close of business on April 29, 2021. About KNOT Offshore Partners LP KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly tr

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Fourth Quarter of 2020 before opening of the market on Thursday, March 11, 2021. The Partnership also plans to host a conference call on Thursday, March 11, 2021 at 11:00 AM (Eastern Time) to discuss the results for the Fourth Quarter of 2020. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1-855-209-8259 from the US, dialing 1-855-669-9657 from Canada or 1-412-542-4105 if outside North America (please ask to be joined into the KNOT Offshore Partners

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has agreed to acquire KNOT Shuttle Tankers 34 AS, the company that owns the shuttle tanker, Tove Knutsen, from Knutsen NYK Offshore Tankers AS (“KNOT”) (the “Acquisition”). The purchase price of the Acquisition is $117.8 million, less $93.1 million of outstanding indebtedness and will be financed on a non-dilutive basis using cash on hand and borrowings under KNOP’s existing revolving credit facility. The Tove Knutsen is a 153,000-deadweight ton DP2 Suezmax class shuttle tanker, built by Hyundai Heavy Industries an