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

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Unfavourable

  ​ ​ ​

Unfavourable

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Unfavourable

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Total

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contract rights

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contract rights

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contract rights

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Contract

(U.S. Dollars in thousands)

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Tuva Knutsen

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Live Knutsen

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Daqing Knutsen

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liabilities

Contract liabilities, December 31, 2024

 

$

(26,665)

 

$

—

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$

—

 

$

(26,665)

Additions

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—

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(24,463)

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​

(24,754)

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​

(49,217)

Amortization for the period

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2,406

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2,602

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1,748

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6,756

Contract liabilities, December 31, 2025

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​

(24,259)

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(21,861)

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​

(23,006)

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​

(69,126)

Amortization for the period

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1,203

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1,562

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1,748

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4,513

Contract liabilities, June 30, 2026

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$

(23,056)

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$

(20,299)

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$

(21,258)

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$

(64,613)

Schedule of outstanding contract liabilities

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(U.S. Dollars in thousands)

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

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$

(4,511)

2027

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(9,024)

2028

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(9,024)

2029

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(9,024)

2030 and thereafter

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(33,030)

Total

 

$

(64,613)