Norway’s KNOT inks sixth suezmax shuttle tanker deal with China’s Cosco Heavy

Norway’s Knutsen NYK Offshore Tankers (KNOT) has returned to China’s Cosco Shipping Heavy Industry Zhoushan Shipyard (Cosco Heavy Zhoushan) for its sixth shuttle tanker order there since 2012.

KNOT — a leading player in the shuttle tanker market — has contracted the yard to build one suezmax unit to be delivered in 2024.

A shipbuilding source familiar with the deal confirmed the order.