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KNOT Name New Shuttle Tankship

Maritime Activity Reports, Inc.

September 27, 2013

Naming ceremony: Photo credit NYK

Naming ceremony: Photo credit NYK

Knutsen NYK Offshore Tankers AS (KNOT) name their new tankship 'Ingrid Knutsen' in a ceremony in Hyundai Heavy Industries' shipyard.

The ceremony was attended by KNOT president Trygve Seglem, NYK senior managing corporate officer Hitoshi Nagasawa, and NYK corporate officer Svein Steimler, among others.

The 112,000 dwt shuttle tanker, which is equipped with a class II dynamic positioning system and a bow-loading system, was named Ingrid Knutsen, and will be used to transport North Sea crude oil to shore.

Standard Marine Tønsberg AS (SMT, headquarters: Tønsberg, Norway), owned by ExxonMobil Exploration and Production Norway AS, will enter into a time-charter contract for the shuttle tanker for a maximum 15-year period from the end of 2013, the first long-term charter contract between KNOT and an ExxonMobil company.

In the picture: front row; fourth from left, Hitoshi Nagasawa;  fifth from left, Trygve Seglem; sixth from left, Meg O'Neill, managing director of Esso Norge As; seventh from left, Svein Steimler

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