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Knutsen NYK Offshore Tankers (KNOT) has inked a contract with Cosco Transport Heavy Business (Zhoushan) for a newbuild suezmax shuttle tanker.
The 154,000 dwt ship will ship in 2025 and go on a 15-year-long constitution with Brazilian oil big Petrobras. KNOT has one other unit set to ship in 2024 backed by a 10-year Petrobras constitution.
The Haugesund-based KNOT is a shuttle tanker three way partnership established by Norway’s Knutsen and Japan’s Nippon Yusen Kaisha (NYK) in 2010. The 2 house owners are additionally companions in Knutsen NYK Carbon Carriers (KNCC) – a liquefied CO2 service enterprise.
Knutsen mentioned that with the most recent order it might have a complete of 26 newbuilds below building in each LNG and shuttle tanker sectors.