A stakeholder in shuttle tanker operator KNOT Offshore Partners has lowered its interest in the UK-based MLP with the recent sale of $4.3m in shares.
KNOT Offshore, sponsored by Knutsen NYK Offshore Tankers, said in a regulatory filing that Kayne Anderson Capital Partners has taken its ownership down to 6.27% by selling 214,400 shares.
The California investor now holds just under 2.1
