Knot Offshore Partners LP (Marshall Islands)

The Company owns, operates and acquires shuttle tankers under charters of five or more years
on February 21, 2013 The Company was formed as a Marshall Islands limited partnership.
The partnership intends to acquire interests in four shuttle tankers from Knutsen NYK Tankers AS which will be accounted for as a transaction under common control. The Partnership intends to offer common units, representing limited partner interests in the Partnership, pursuant to a public offering. In addition, the Partnership will issue to Knutsen NYK Offshore Tankers AS (1) common units and subordinated units, representing additional limited partner interests in the Partnership. (2) the incentive distribution rights, which entitle the holder to increasing percentages (up to a maximum of 48 ) of the distributions the Partnership makes above the highest target level. KNOT Offshore Partners GP LLC, a Marshall Islands limited liability company formed on February 19, 2013, owns the 2 general partner interest in the Partnership.
on April 10, 2013 The company was listed in NASDAQ and New York Stock Exchange .