KNOT clinches long-term shuttle tanker charter with Total in Brazil

French oil giant Total has hired a shuttle tanker from Knutsen NYK Offshore Tankers (KNOT) for the use in Brazil.

KNOT said on Wednesday that the long-term contract with Total had been signed in August. The contract is for 15 years for a shuttle tanker to be built in China by COSCO Zhousan Shipyard.

The vessel will be a 152,000 DWT Suezmax tanker equipped with a dynamic positioning system and will be used to shuttle crude oil produced in waters off Brazil.

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