KNOT 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