KNOT Offshore Partners has purchased a shuttle tanker from its parent company.
The New York-listed owner has acquired the 153,684-dwt Brasil Knutsen (built 2013) for $96m, minus approximately $94m of debt on the vessel.
The indebtedness includes a $59m credit facility related to the tanker that is repayable in quarterly installments with a final balloon payment of $41m due at maturity in July 2022.
