v3.26.1
Contract Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Contract Liabilities  
Schedule of contract liabilities

  ​ ​ ​

Unfavourable

  ​ ​ ​

Unfavourable

Unfavourable

  ​ ​ ​

Total

contract rights

contract rights

contract rights

Contract

(U.S. Dollars in thousands)

Tuva Knutsen

Live Knutsen

Daqing Knutsen

liabilities

Contract liabilities, December 31, 2024

 

$

(26,665)

 

$

$

 

$

(26,665)

Additions

(24,463)

(24,754)

(49,217)

Amortization for the period

2,406

2,602

1,748

6,756

Contract liabilities, December 31, 2025

(24,259)

(21,861)

(23,006)

(69,126)

Amortization for the period

1,203

1,562

1,748

4,513

Contract liabilities, June 30, 2026

$

(23,056)

$

(20,299)

$

(21,258)

$

(64,613)

Schedule of outstanding contract liabilities

(U.S. Dollars in thousands)

  ​ ​ ​

2026 (excluding the six months ended June 30, 2026)

$

(4,511)

2027

(9,024)

2028

(9,024)

2029

(9,024)

2030 and thereafter

(33,030)

Total

 

$

(64,613)