KNOT Offshore Partners LP: Business Overview, Financials & Competitive Analysis
KNOT Offshore Partners LP scores 6/10 on the AskCyborg Cyborg Score (Solid). Well-positioned niche operator with stable cash flows but facing commodity cycle headwinds and pending consolidation risk. KNOT demonstrates solid operational performance with Q3 2025 revenues of $96.9M and adjusted EBITDA of $61.6M. However, the company faces headwinds from market oversupply in the shuttle tanker sector and is currently.
What is KNOT Offshore Partners LP's industry? KNOT Offshore Partners LP (knotoffshorepartners.com) operates in Marine Transportation & Offshore Shuttle Tankers. AskCyborg classifies KNOT Offshore Partners LP under Marine Transportation & Offshore Shuttle Tankers in its company registry.
KNOT Offshore Partners LP is a publicly traded master limited partnership that owns and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transporta...
Cyborg Score thesis
Well-positioned niche operator with stable cash flows but facing commodity cycle headwinds and pending consolidation...
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Get Current Report FreeKNOT Offshore Partners LP Overview
Pro stress-test →KNOT Offshore Partners LP is a publicly traded master limited partnership that owns and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transportation, and discharge services through a fleet of specialized vessels designed for offshore oil field operations.
Strategic Profile
Pro stress-test →KNOT holds a significant market position as the world's largest shuttle tanker operator when combined with its sponsor, Knutsen NYK Offshore Tankers. The company operates under stable, long-term charter contracts that provide revenue predictability, though it faces cyclical demand pressures in the shuttle tanker segment.
Competitive Landscape
Pro stress-test →KNOT operates in the specialized shuttle tanker segment, competing with other offshore vessel operators. The market is characterized by long-term charter contracts and is currently experiencing oversupply challenges. Parent sponsor KNOT and allied companies form the global market leader.
Industry Context
KNOT Offshore Partners LP operates in Marine Transportation & Offshore Shuttle Tankers.
Key facts
Founded: 2013 · Headquarters: Aberdeen, United Kingdom · Revenue: $387.6M