KNOT secures charters with Eni for newbuild shuttle tanker pair

Knutsen NYK Offshore Tankers (KNOT) has been awarded a contract by Eni for the charter of two newbuild LNG fueled shuttle tankers.

KNOT ordered the two 124,000 dwt aframax shuttle tankers at DSME last week, and the total value of the contract is KRW337bn ($284m).

The vessels will operate in North Sea under time-charter contract for a maximum 10 years following delivery in mid-2022. The two tankers will adopt LNG as the primary fuel and a battery package will also be installed to save energy during DP operation.

“We are pleased to announce that KNOT and ENI extend their partnership in the North Sea with two new LNG shuttle tankers. ENI, through their ownership in Vår Energi has many interests in North Sea gas and oil fields and is thus one of the major players in the area. This contract is the third and fourth long-term time-charter shuttle-tanker contracts between ENI and KNOT Group. We are pleased that ENI has recognized KNOT capabilities and expertise in the shuttle tanker operation with the awarding of this new contracts,” said Trygve Seglem, president and CEO of KNOT.


Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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