Karpowership's unit, Kinetics, said on Wednesday that Singapore's Seatrium has officially begun conversion work on its first high-capacity floating storage and regasification unit (FSRU).
Karpowership's unit, Kinetics LNG Holdings, continues to expand its fleet of floating storage and regasification units and expects to take delivery of LNGT Turkiye in the third quarter of 2026.
Turkiye's Karpowership, a part of Karadeniz, has signed a three-year deal to deploy a powership and a floating storage and regasification unit (FSRU) in Mexico's Yucatan peninsula.
Singapore’s Seatrium will convert another LNG carrier into a floating storage and regasification unit for Turkiye's Karpowership under a new contract revealed on Monday.