NYK Group company Knutsen NYK Offshore Tankers AS (KNOT), of which NYK has a 50 percent share, has concluded a time-charter contract for two shuttle tankers with Equinor ASA for a maximum 20-year period starting in the second quarter of 2020.
Representation Image – Credits: Knutsen OAS shipping
The contract aims to use two 152,000 DWT Suezmax tankers equipped with dynamic-positioning systems built by Hyundai Heavy Industries Co. Ltd. to shuttle crude oil produced in waters off Brazil. Upon...