KNOT Offshore Partners LP (NYSE:KNOP) has announced a quarterly cash distribution of $0.026 per common unit for the quarter ending December 31, 2024. This distribution will be paid on February 6, 2025, to unitholders of record as of January 27, 2025. The partnership aims to sustainably invest in its fleet while maintaining attractive distributions. KNOT Offshore operates shuttle tankers primarily under long-term charters in Brazil and the North Sea and is structured as a publicly traded master limited partnership, classified as a corporation for U.S. federal income tax purposes, issuing Form 1099 to unitholders.