New Charter for Windsor Knutsen

KNOT Offshore Partners LP (KNOT) has announced an agreement with Brazil Shipping I Limited, an affiliate of BG Group (BG) for the time charter of the vessel Windsor Knutsen.

The hire rate for the initial term is in line with the rate in the existing charter with BG. The charter has an initial term of two years. BG has options to extend the term of the charter for three additional one-year periods. The charter will commence in or around the fourth quarter of 2015.

If all three extension options are exercised, the Windsor Knutsen will operate for BG until the end of 2020. The shuttle tanker will operate in Brazil.

BG has recently notified KNOT that the Windsor Knutsen will be redelivered under its existing charter at the end of July 2014. The process of reemploying the vessel prior to the commencement of its new charter with BG is ongoing.

KNOT owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >