KNOT Offshore Partners LP reported its financial results for the first quarter of 2025, revealing total revenues of $84.0 million, a decrease from the $91.3 million recorded in the fourth quarter of 2024. This variation in revenues was influenced by $5.9 million in one-off insurance proceeds included in the previous quarter. The company achieved an operating income of $23.4 million and a net income of $7.6 million for Q1 2025. Adjusted EBITDA was reported at $52.2 million. Significant updates in business operations include the acquisition of the shuttle tanker _Live Knutsen_ and the sale of _Dan Sabia_, marking a vessel swap within the company's fleet. Additionally, the _Hilda Knutsen_ commenced a one-year time charter with Shell on March 23, 2025. The _Brasil Knutsen_ will continue operations with Petrorio until September 2025, after which it will begin a time charter with Equinor. The company has secured approximately 96% of charter coverage for the remaining quarters of 2025 and about 75% for 2026, enhancing its future revenue visibility.