Certain Common Units of KNOT Offshore Partners LP are subject to a Lock-Up Agreement Ending on 5-JAN-2018.
January 04, 2018
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Certain Common Units of KNOT Offshore Partners LP are subject to a Lock-Up Agreement Ending on 5-JAN-2018. These Common Units will be under lockup for 60 days starting from 6-NOV-2017 to 5-JAN-2018.
Details:
The Company, general partner, and certain of its affiliates, directors and executive officers have agreed that they will not directly or indirectly offer, sell, contract to sell, pledge or otherwise dispose of any common units or securities convertible into or exchangeable or exercisable for any common units, for a period of 60 days after the date of this prospectus without the prior written consent of Merrill Lynch, Pierce, Fenner & Smith Incorporated.
KNOT Offshore Partners LP is a United Kingdom-based company that owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea. The Company's fleet consists of approximately 18 shuttle tankers, which vessels are designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. Its shuttle tankers are equipped with sophisticated loading and dynamic positioning systems that allow the vessels to load cargo safely from oil field installations, in harsh weather conditions and where there are strong currents. The Company's vessels include Tove Knutsen, Synnove Knutsen, Lena Knutsen, Vigdis Knutsen, Anna Knutsen, Tordis Knutsen, Raquel Knutsen, Carmen Knutsen, Brasil Knutsen, Hilda Knutsen, Torill Knutsen, Ingrid Knutsen, Dan Sabia, Bodil Knutsen, Fortaleza Knutsen, Recife Knutsen, Dan Cisne and Windsor Knutsen.
KNOT OFFSHORE PARTNERS LP 
