KNOT Offshore Partners LP completed a strategic vessel swap on March 3, 2025, involving two of its shuttle tankers. The partnership sold the Dan Sabia and simultaneously purchased the Live Knutsen.
This transaction was executed with Knutsen NYK Offshore Tankers AS, the partnership's sponsor. Such exchanges are part of ongoing efforts to manage and optimize the fleet's composition.
The swap aims to align the fleet with current market demands and operational strategies. Further details regarding the financial terms of the transaction were not immediately available.
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