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. The price of the 154,000-dwt ship was not disclosed. It is not known if KNOT has lined up employment for the vessel.