Welcome to our dedicated page for KNOT Offshore Partners LP SEC filings (Ticker: KNOP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
KNOT Offshore Partners LP filings document a foreign private issuer that owns, operates and acquires shuttle tankers under long-term charters in Brazil and the North Sea. The Partnership files Form 6-K current reports and Form 20-F annual reports, with disclosures covering fleet operating results, vessel utilization, impairments, liquidity, secured debt facilities, quarterly distributions, and common-unit repurchase authorization.
Its regulatory record also includes proxy and annual meeting materials for limited partners, registration-statement references on Form F-3, and governance disclosures involving the board, conflicts committee processes and public common units. The filings describe the Partnership’s master limited partnership structure, NYSE-traded common units, Series A Convertible Preferred Units, U.S. tax reporting treatment and risk-related forward-looking statements.
KNOT Offshore Partners LP (KNOP) reported higher revenues but lower earnings for the quarter ended June 30, 2026. Total revenues for the quarter rose to $96.8 million from $87.1 million a year earlier, driven mainly by stronger time charter and new bareboat revenues and $4.1 million of loss-of-hire insurance recoveries.
Despite this, quarterly net income fell to $3.4 million from $6.8 million, and first‑half net income declined to $6.0 million from $14.4 million, primarily because a change in vessel useful lives and residual values increased depreciation by $10.9 million for the quarter and $21.8 million for the first half, reducing EPS by $0.32 and $0.65, respectively. Operating cash flow remained solid at $66.6 million for the first half, while total debt decreased to $905.9 million and cash increased to $95.3 million. Contracted future minimum charter revenues totaled $881.2 million, and subsequent events include a new $225 million refinancing facility, the Hedda Knutsen acquisition on long-term charter, several charter extensions and new charters, and continued quarterly distributions on common and Series A preferred units.
KNOT Offshore Partners LP (KNOP) reported Q2 2026 total revenues of $96.8 million, up from $87.1 million in Q2 2025, with time charter revenues of $92.1 million and safe operation at 96.8% from scheduled operations. Net income was $3.4 million, down from $6.8 million a year earlier, while Adjusted EBITDA rose to $57.6 million from $51.6 million. Available liquidity was $143.3 million and total interest-bearing debt was $905.9 million. The partnership had $881.2 million of remaining contracted forward revenue and an average remaining fixed charter duration of 2.5 years, plus 4.0 years of extension options, and reports being fully contracted for the second half of 2026 with high coverage through 2027.
KNOT Offshore Partners LP (KNOP) reports that its subsidiary KNOT Shuttle Tankers AS has agreed to acquire Knutsen Canadian Chartering AS, owner of the shuttle tanker Hedda Knutsen, from Knutsen NYK Offshore Tankers AS. The purchase price is $113.0 million, less $89.4 million of outstanding indebtedness, plus $0.8 million of capitalized fees, resulting in an initial Acquisition cost of approximately $24.4 million, subject to customary working capital adjustments.
The 154,000-deadweight ton DP2 Suezmax class shuttle tanker operates in Brazil on a time charter with Petrobras through November 2034, with a 5-year extension option held by the charterer. KNOP subsidiaries also entered into a new $225 million senior secured credit facility on August 7, 2026 to refinance $225.8 million of existing term loans on five vessels, featuring 20 quarterly instalments, a $111.1 million balloon payment due June 2031, and interest at SOFR + 1.65%. The facility, guaranteed by KNOP and secured by mortgages on the vessels, closed on August 25, 2026 and replaces loans previously maturing in September 2026.
Astaris Capital Management LLP, its affiliated entities and Martin Beck report beneficial ownership of 2,741,926 Common Units of KNOT Offshore Partners LP, representing 8.1% of the outstanding Common Units based on 33,660,342 units outstanding as of December 31, 2025. Astaris Special Situations Master Fund Limited separately may be deemed to beneficially own 1,705,438 Common Units, or 5.1% of the class. The units are held by advisory clients of Astaris Capital Management LLP, funded from client working capital without specific acquisition borrowings.
On July 28, 2026, Astaris Capital Management LLP sent a letter to KNOT Offshore Partners’ board regarding the potential appointment of additional independent directors. The reporting persons state they may increase, reduce or maintain their holdings and may engage with the board, other shareholders and third parties on governance, strategy and a prior October 31, 2025 non-binding cash offer from Knutsen NYK Offshore Tankers AS to acquire Common Units not already owned by KNOT. They report no transactions in the issuer’s securities since a July 6, 2026 filing.
KNOT Offshore Partners LP investor group led by Astaris Capital Management LLP reports beneficial ownership of 2,741,926 common units, equal to 8.1% of the outstanding units. Astaris Special Situations Master Fund Limited holds 1,705,438 units, or 5.1%.
The filing notes a non-binding offer dated October 31, 2025 from Knutsen NYK Offshore Tankers AS to acquire all common units it does not already own for cash. The Astaris entities state they hold the units for investment purposes but may buy more, sell, or engage with the board and other shareholders about the offer, strategy, capital allocation, and governance.
Astaris Capital Management and affiliates filed Amendment No. 3 to a Schedule 13D disclosing beneficial ownership of 2,695,018 common units of KNOT Offshore Partners LP, representing 8.0% of the outstanding units. The units are held by advisory clients of Astaris Capital Management LLP, with Astaris and Martin Beck sharing voting and dispositive power.
The filing notes this reflects an increase of over 1% in beneficial ownership. It also references a non‑binding offer delivered on October 31, 2025 by Knutsen NYK Offshore Tankers AS to acquire all KNOT Offshore Partners common units not already owned by it for cash. The reporting persons state their holdings are for investment purposes and that they may buy more, sell, or engage with the board and other shareholders regarding the offer and broader strategic and governance matters.
KNOT Offshore Partners LP director-related entity reports a significant preferred unit purchase. An entity associated with director Trygve Seglem, Knutsen NYK Offshore Tankers AS, bought 1,250,000 Series A Preferred Units at $20.00 per unit in an open-market or private transaction, bringing its indirect holdings in this series to 1,458,333 units.
The filing also lists indirect positions in other classes: 252,405 Class B Units, 90,368 common units held by KNOT Offshore Partners GP LLC, and 9,661,255 common units held by Knutsen NYK Offshore Tankers AS. Seglem disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Knutsen NYK Offshore Tankers AS and affiliated entities report beneficial ownership of 11,501,486 common units of KNOT Offshore Partners LP, representing 32.5% of the common units outstanding as of March 31, 2026. This stake includes 1,749,862 common units issuable from 1,458,333 Series A Preferred Units.
On June 15, 2026, Knutsen NYK Offshore Tankers AS purchased 1,250,000 Series A Preferred Units from Pierfront Capital Mezzanine Fund Pte. Ltd. at $20.00 per unit, for a total of $25.0 million in cash, using available cash on hand. The group also holds Class B Units that can convert into common units when distribution thresholds are met.
Through ownership of the general partner, Knutsen NYK Offshore Tankers AS can designate the board of the general partner, which appoints three of seven directors of the partnership, giving the reporting persons significant influence. The partnership agreement provides registration rights, voting restrictions for large holders, and a limited call right if the general partner and affiliates exceed 80% ownership.
KNOT Offshore Partners LP updated its vessel acquisition schedule with respect to tankers that can be purchased from its sponsor, Knutsen NYK Offshore Tankers AS. Earlier in June, the sponsor offered KNOP the shuttle tankers Frida Knutsen, Sindre Knutsen and Hedda Knutsen under an existing omnibus agreement.
The Conflicts Committee of the Board, composed solely of directors unaffiliated with the sponsor, decided not to pursue negotiations for the Frida Knutsen and Sindre Knutsen because they operate in the North Sea without long-term fixed or guaranteed charters that fit KNOP’s business model. The sponsor is no longer obliged to offer these two vessels again unless either secures a fixed charter of at least five years. The Conflicts Committee is continuing negotiations with the sponsor regarding the Hedda Knutsen.
KNOT Offshore Partners LP reported Q1 2026 results, generating total revenues of $92.0 million and net income of $2.6 million, with operating income of $14.7 million. Adjusted EBITDA was $56.5 million, supporting cash flow generation from its shuttle tanker fleet.
Fleet performance remained strong, with 97.2% operational uptime from scheduled operations and 92.0% utilization including drydockings. As of this release, the Partnership is fully chartered for the first half of 2026, about 97% covered for the second half of 2026, and about 81% for 2027, after scheduled drydockings.
Liquidity at March 31, 2026 totaled $140.7 million, including $92.7 million of cash and $48.0 million of revolving credit capacity, against total interest-bearing obligations of $932.8 million. The Partnership also had $857.9 million of remaining contracted forward revenue and an average fixed charter duration of 2.4 years, with additional extension options.