KNOT Partners Announces Strategic Share Acquisition
Company Announcements

KNOT Partners Announces Strategic Share Acquisition

KNOT Offshore Partners (KNOP) has released an update.

KNOT Offshore Partners has announced a share purchase agreement where KNOT Shuttle Tankers AS will acquire 100% of the shares in KNOT Shuttle Tankers 31 AS from Knutsen NYK Offshore Tankers AS. The agreement includes the transfer of ownership of the vessel MT “Tuva Knutsen”. This strategic move is a significant transaction within the shipping industry and could impact the company’s financial and operational prospects.

For further insights into KNOP stock, check out TipRanks’ Stock Analysis page.

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