KNOT Offshore strikes deals to buy shuttle tanker and sell another with a leaseback

New York-listed shipowner also launches share buyback

Derek Lowe says KNOT Offshore is growing its fleet in the most in-demand shuttle tanker class. — Derek Lowe says KNOT Offshore is growing its fleet in the most in-demand shuttle tanker class.Photo: David Butler II/Marine Money

Eric Priante Martin

TradeWinds US bureau chiefCalifornia

Published 2 July 2025, 21:18Updated 3 July 2025, 08:34

KNOT Offshore Partners US UK Shuttle tankers Sale and purchase