JOHN COSTAIN

摘要

While shipping and oil and gas companies have hit rough seas in the recent market downturn, KNOT Offshore Partners LP has been sailing steady as she goes, posting solid returns. Listed on the NYSE as KNOP, KNOT Offshore Partners operates shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. Its fleet of 11 shuttle tankers is young-about an average of 4.8 years old-and the partnership had its highest quarterly revenues and operating income in the third quarter ending September 30, 2016. So what's KNOT Offshore Partners' business model and secret to success? Marine Log chatted with KNOP UK LLC's John Costain to find out.