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KNOT Offshore Partners ( (KNOP) ) just unveiled an update.
On April 4, 2025, KNOT Offshore Partners LP announced a change to its Board of Directors. The general partner appointed Mr. Masami Okubo, Managing Director of NYK Energy Transport (Atlantic) Ltd., to replace Mr. Yasuhiro Fukuda on the board, effective April 1, 2025. This change reflects the company’s ongoing relationship with Nippon Yusen Kabushiki Kaisha and may influence its strategic direction, given Mr. Okubo’s extensive experience in the offshore business and LNG sectors.
More about KNOT Offshore Partners
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. It is structured as a publicly traded master limited partnership and its common units trade on the New York Stock Exchange under the symbol ‘KNOP’.
YTD Price Performance: 30.26%
Average Trading Volume: 73,604
Technical Sentiment Signal: Sell
Current Market Cap: $246.7M
For a thorough assessment of KNOP stock, go to TipRanks’ Stock Analysis page.