Knutsen O.A.S. Shipping AS

Knutsen OAS Shipping AS was established in 1895 by Ole Andreas Knutsen. From 1900 to 1946 his son Knut Knutsen established the company as one of the largest shipping companies in Norway.{{Citation needed|date=December 2010}} In the 1970s the shuttle-tanker crises created economic difficulties for the company, and it had to restructure. In 1980 Jens Ulltveit Moe became the CEO of the company, and it became a part of the Umoe AS company. After acquiring the assets owned by Jens Ulltveit Moe in 2008{{Citation needed|date=December 2010}}, the company's new CEO in 2009 was Trygve Seglem. Its present strategy was implemented in 1984, and based on long-term contracts to first class charters. In 1984, the company got its first offshore loading contract with Statoil for two shuttle tankers. The two new-built ships Anna Knutsen and Ragnhild Knutsen were built in China and delivered in 1987. One common feature or these two pioneer ships and all other shuttle tankers owned by Knutsen OAS is dynamic position systems from the Kongsberg Group.{{Citation needed|date=December 2010}} Knutsen OAS operates one of the largest fleets of purpose-built DP-class shuttle tankers in the world.{{Citation needed|date=December 2010}} In 2008, the company was listed with 40 ships and 11 ships under construction.

On January 3, 1997, the tanker Tove Knutsen spilled 50 tons of oil in the Humber estuary while discharging at a Conoco monobuoy. The shipping company would be fined £35,000 for the tanker officer's error, which prompted extensive cleanup on Cleethorpes beach.{{cite news |title=£35,000 fine for beach oil spill |url=https://www.newspapers.com/image/847268134 |access-date=22 December 2023 |work=Newspapers.com |publisher=Grimsby Evening Telegraph |date=22 Aug 1997 |page=3 |language=en}}

Source:{{cite web |url=http://www.shipping-publ.no/prog/reder.asp?id=321 |title=The Fleet |publisher=shipping-publ.no |date= |accessdate=2009-10-10 }}{{Dead link|date=June 2025 |bot=InternetArchiveBot |fix-attempted=yes }}

File:Karen Knutsen.JPG Karen Knutsen in the 7th Petroleumharbour in the port of Rotterdam]]

File:Vigdis Knutsen.JPG Vigdis Knutsen in the 7th Petroleumharbour in the port of Rotterdam]]

The Knutsen OAS tanker segment is within the following areas:

• Offshore loading and crude oil transport

• Products

• Chemicals

• Liquefied natural gas (LNG)

Knutsen OAS has since the mid-1980s grown into one of the leading shipping companies within offshore oil loading.{{Citation needed|date=December 2010}} Another increasing focus for Knutsen O.A.S is the transport of natural gas. From 2004 to 2007, 5 LNG ships were delivered and this is a segment where the company has ambitions for further expansions.{{cite web|url=http://www.kongsberg.com/en/KOG/News/FeatureStories/AdvancedTechnologyBreedsAdvancedProfits.aspx |title=Technology |publisher=kongsberg.no |date= |accessdate=2009-09-11}}

This technology is a cost efficient method to reduce and limit VOC emissions during transport and loading of volatile cargoes such as crude oil. This technology limits the VOC emissions between 60 and 80% during transport and loading. In addition to reducing air emissions and, the Knutsen VOC technology reduces H2S emission from the cargo. This emission represents a hazard to the environment, the ship and also to the crews' health.{{cite web|url=http://www.kongsberg.com/en/KOG/News/FeatureStories/AdvancedTechnologyBreedsAdvancedProfits.aspx |title=Technology |publisher=kongsberg.no |date= |accessdate=2009-09-11}}

Pressurized natural gas (PNG) is a solution for maritime transport of natural gas. This technology has been developed in collaboration with Europipe GMBH (Germany) and Det Norske Veritas (Norway).{{cn|date=December 2023}} In the start up of development, this technology encountered some problems due to previous pipeline regulations, but in 2003 when new regulations were in place the project received authorization.

This new technology opens for new transport alternatives especially suitable for offshore loading for direct transport to the market. These technology stores gas on board the ship in specially designed cylinders at a pressure of 250 barg. In comparison to LNG maritime transport, the gas treatment is minimal and comparable to treatment required for pipeline transport. The reduction in energy recourses required to compress the gas makes is a more environmental friendly solution than LNG.{{cite web|url=http://www.kongsberg.com/en/KOG/News/FeatureStories/AdvancedTechnologyBreedsAdvancedProfits.aspx |title=Technology |publisher=kongsberg.no |date= |accessdate=2009-09-11}}

{{Citation style|date=April 2015}}

{{Reflist}}

• [http://www.Knutsenoas.com http://www.Knutsenoas.com] Knutsen OAS official web pages

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Category:Shipping companies of Norway

Category:Tanker shipping companies

Category:Transport companies established in 1895

Category:Norwegian companies established in 1895