Knutsen OAS Shipping of Haugesund, Norway, is no stranger to international shipping circles, with roots back to 1896 when the founder of the Knutsen company bought his first vessel. Today, the company operates one of the most sophisticated and modern fleets of purpose-built shuttle tankers, chemical carriers and product tankers in the world, and is presently operating the largest fleet of purpose-built DP class shuttle tankers in the world. The company has adhered to a hands-on strategy, based on the development of total projects from design to operation. The strategy has, throughout the last 10 years, been implemented with a program of 20 newbuildings worth more than $1 billion.