KNOT Offshore Partners has lined up its second dropdown deal in quick succession at the same time as offering strong profit guidance for 2017.
New York-listed KNOT will pay $147m to parent Knutsen NYK Offshore Tankers for the 157,000-dwt Tordis Knutsen (built 2016), less debt and other financial items.
Following the purchase the MLP will repay $42.8m in debt on the vessel, reducing the facility to $94.9m.
