KNOT signs for more shuttle tankers in China

Knutsen NYK Offshore Tankers (KNOT) has penned a new contract with Cosco Shipping Heavy Industry (Zhoushan) for up to four suezmax shuttle tanker newbuilds. The Haugesund-based joint venture set up in 2010 by Trygve Seglem’s Knutsen and Japanese line Nippon Yusen Kaisha (NYK) has firmed up three 154,000 dwt units and secured an option for …

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