Insurance proceeds	6 Months Ended
Jun. 30, 2026
Insurance proceeds
Insurance proceeds	5)Insurance proceeds Insurance claims for property damage for recoveries up to the amount of loss recognized are recorded when the claims submitted to insurance carriers are probable of recovery. Claims for property damage in excess of the loss recognized and for loss of hire are recognized when the proceeds are received. As of June 30, 2026, and December 31, 2025, the Partnership had open insurance claims for hull and machinery recoveries of $0.8 million and $0.02 million, respectively, which were recorded as part of Other Current Assets. See Note 18(b)—Other Current Assets. Loss of hire proceeds of $2.3 million for the three months ended March 31, 2026, related to the Windsor Knutsen and the Tove Knutsen. Loss of hire proceeds of $4.1 million for the three months ended June 30, 2026, related to the Tordis Knutsen and Synnøve Knutsen. Loss of hire proceeds for the six months ended June 30, 2026 were therefore $6.4 million. As of June 30, 2026, and December 31, 2025, the Partnership had open insurance claims for loss of hire recoveries of $2.3 million and nil, respectively, which were recorded as part of Other Current Assets. See Note 18(b)—Other Current Assets. Loss of hire proceeds of $0.6 million for the three and six months ended June 30, 2025, related to the Live Knutsen. In all these cases, loss of hire proceeds have been recognized as a component of total revenues, since the day rates are recovered under terms of the policy.

Insurance proceeds

6 Months Ended

Jun. 30, 2026

5)Insurance proceeds

Insurance claims for property damage for recoveries up to the amount of loss recognized are recorded when the claims submitted to insurance carriers are probable of recovery. Claims for property damage in excess of the loss recognized and for loss of hire are recognized when the proceeds are received. As of June 30, 2026, and December 31, 2025, the Partnership had open insurance claims for hull and machinery recoveries of $0.8 million and $0.02 million, respectively, which were recorded as part of Other Current Assets. See Note 18(b)—Other Current Assets.

Loss of hire proceeds of $2.3 million for the three months ended March 31, 2026, related to the Windsor Knutsen and the Tove Knutsen. Loss of hire proceeds of $4.1 million for the three months ended June 30, 2026, related to the Tordis Knutsen and Synnøve Knutsen. Loss of hire proceeds for the six months ended June 30, 2026 were therefore $6.4 million. As of June 30, 2026, and December 31, 2025, the Partnership had open insurance claims for loss of hire recoveries of $2.3 million and nil, respectively, which were recorded as part of Other Current Assets. See Note 18(b)—Other Current Assets.

Loss of hire proceeds of $0.6 million for the three and six months ended June 30, 2025, related to the Live Knutsen.

In all these cases, loss of hire proceeds have been recognized as a component of total revenues, since the day rates are recovered under terms of the policy.