KNOT Offshore Partners LP Announces Fourth Quarter 2016 Cash Distribution, Payable on February 15, 2017
January 17, 2017 at 11:14 am
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KNOT Offshore Partners LP announced that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2016, of $0.52 per unit. This cash distribution will be paid on February 15, 2017 to all unitholders of record as of the close of business on February 2, 2017.
KNOT Offshore Partners LP is a United Kingdom-based company that owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. The Company's fleet consists of approximately 18 shuttle tankers, which vessels are designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. Its shuttle tankers are equipped with sophisticated loading and dynamic positioning systems that allow the vessels to load cargo safely from oil field installations, in harsh weather conditions and where there are strong currents. The Company's vessels include Tove Knutsen, Synnove Knutsen, Lena Knutsen, Vigdis Knutsen, Anna Knutsen, Tordis Knutsen, Raquel Knutsen, Carmen Knutsen, Brasil Knutsen, Hilda Knutsen, Torill Knutsen, Ingrid Knutsen, Dan Sabia, Bodil Knutsen, Fortaleza Knutsen, Recife Knutsen, Dan Cisne and Windsor Knutsen.
KNOT OFFSHORE PARTNERS LP 
