The US-listed shuttle tanker player has filed a $750m shelf registration withthe US Securities and Exchange Commission (SEC).
KNOPsaid the net proceeds from any sale of shares under the filing will be used forrepayment of debt, acquisitions, capital expenditures and additions to workingcapital.
The company haspreviously said that it believes that there are “significant opportunities” forgrowth.
It says the demand for offshore shuttle tankers will over time continue togrow based on identified projects.
Under
