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ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its Annual Report on Form 20-F for the year ended December 31, 2017 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 financi...
ABERDEEN, Scotland--(BUSINESS WIRE)-- 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, 2018, 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 15, 2018 to all unitholders of record as of the close of business on May 2, 2018. About KNOT ...
Takeaways from DNB Markets’ 11th Oil, Offshore and Shipping conference following panel debates in Tankers, Dry bulk, LNG and LPG. Scrapping is viewed as important for freight improvements, but like “putting down the family dogâ€. We are either at the bottom or early recovery, according to the panellists.
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired (the “Acquisition”) all of the ownership interests in KNOT Shuttle Tankers 30 AS (“KNOT 30”), the company that owns and operates the shuttle tanker Anna Knutsen, from Knutsen NYK Offshore Tankers AS (“Knutsen NYK”) for an aggregate purchase price of $120.0 million, less $106.8 million of outstanding indebtedness under the secured credit facility related ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- Highlights For the three months ended December 31, 2017, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): • Generated quarterly total revenues of $61.6 million, operating income of $25.0 million and net income of $18.6 million. • Generated quarterly Adjusted EBITDA of $45.1 million.1 • Generated quarterly distributable cash flow of $21.5 million.1 • Reported a distribution coverage ratio of 1.19.2 • Fl...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Fourth Quarter of 2017 before opening of the market on Wednesday, February 21, 2018. The Partnership also plans to host a conference call on Wednesday, February 21, 2018 noon (ET) to discuss the results for the Fourth Quarter of 2017. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options: ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- 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, 2017, 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 15, 2018 to all unitholders of record as of the close of business on February 2, 2018. ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired (the “Acquisition”) all of the ownership interests in KNOT Shuttle Tankers 32 AS (“KNOT 32”), the company that owns and operates the shuttle tanker Brasil Knutsen, from Knutsen NYK Offshore Tankers AS (“Knutsen NYK”) for an aggregate purchase price of $96.0 million, less $59.0 million of outstanding indebtedness under the secured credit facility related ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (the “Partnership”) (NYSE: KNOP) announced today that it has closed its previously announced public offering of 3,000,000 common units, representing limited partner interests in the Partnership. The Partnership also announced that its subsidiary, KNOT Shuttle Tankers 15 AS, which owns the vessel Torill Knutsen, has entered into a term sheet for a new $100 million senior secured term loan facility (the “New Torill Facility”) with The Bank of Tokyo-Mitsubishi UFJ, ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (the “Partnership”) (NYSE: KNOP) announced that it has priced its previously announced public offering of 3,000,000 common units, representing limited partner interests in the Partnership, for total estimated gross proceeds of approximately $65.7 million before deducting estimated offering expenses payable by the Partnership. The offering is expected to close on November 9, 2017, subject to customary closing conditions. The Partnership intends to use the net proc...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today the commencement of an underwritten public offering of 3,000,000 common units, representing limited partner interests in the Partnership. The Partnership intends to use the net proceeds that it receives in the offering, and the related capital contribution by its general partner to maintain its general partner interest, for general partnership purposes, which may include, among other things, acquisitions, capital ex...
ABERDEEN, Scotland--(BUSINESS WIRE)-- Highlights For the three months ended September 30, 2017, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated highest ever quarterly total revenues of $58.2 million, operating income of $26.7 million and net income of $21.1 million. Generated highest ever quarterly Adjusted EBITDA of $45.1 million.1 Generated highest ever quarterly distributable cash flow of $24.0 million.1 ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Third Quarter of 2017 before opening of the market on Monday, November 6, 2017. The Partnership also plans to host a conference call on Monday, November 6, 2017 noon (ET) to discuss the results for the Third Quarter of 2017. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1-855...
ABERDEEN, Scotland--(BUSINESS WIRE)-- 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, 2017, 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 15, 2017 to all unitholders of record as of the close of business on November 2, 2017. ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- Highlights For the three months ended June 30, 2017, KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”): Generated highest ever quarterly total revenues of $54.4 million, operating income of $26.1 million and net income of $16.9 million. Generated highest ever quarterly Adjusted EBITDA of $43.5 million.1 Generated highest ever quarterly distributable cash flow of $23.4 million.1 Reported highe...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Second Quarter of 2017 before opening of the market on Thursday, August 10, 2017. The Partnership also plans to host a conference call on Thursday, August 10, 2017 noon (ET) to discuss the results for the Second Quarter of 2017. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1...
ABERDEEN, Scotland--(BUSINESS WIRE)-- 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, 2017, 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 15, 2017 to all unitholders of record as of the close of business on August 2, 2017. About ...
ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP advises that its 2017 Annual Meeting will be held on August 9, 2017. The record date for voting at the Annual Meeting is set to July 11, 2017. The notice, agenda and associated material will be distributed prior to the meeting. The 2017 Annual Meeting will be held at 2 Queen’s Cross, Aberdeen, Aberdeenshire AB15 4YB, United Kingdom at 12:00 p.m. UK time. View source version on businesswire.com: http://www.businesswire.com/news/home/20170628006366/en/
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