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The duo also named the fifth LNG terminal ship in Karpowership’s fleet, the Karadeniz LNGTS Americas, which delivers electricity from offshore to infrastructure-lacking regions.
Karpowership and Seatrium signed a letter of intent (LoI) to convert three high-capacity LNG terminal ships (LNGTS) and next-generation powerships, installing carbon capture, utilization, and storage technologies and turbines. The LoI expands Karpowership’s floating power capabilities and modifies its current vessel design, which focuses on modularity and adaptability to project requirements.
“This collaboration underscores Seatrium's role in transforming the energy industry through innovation and strategic partnerships in energy assets,” said Chris Ong, chief executive officer of Seatrium. “By uniting our offshore engineering expertise with Karpowership's energy solutions, we are advancing the development and deployment of rapid, reliable, and flexible power solutions to meet growing global energy demands.”
Along with the LoI, the duo officially named the fifth vessel in Karpowership’s LNGTS fleet: the Karadeniz LNGTS Americas. LNGTS units can be combined with LNG-to-powerships, which are multi-fuel capable, to generate and transmit electricity for locations with minimal onshore infrastructure and natural gas reserves.
"With thanks to our partners at Seatrium, whose expertise and commitment have been integral to our journey, we are delighted to add Karadeniz LNGTS Americas to our expanding fleet," said Orhan Remzi Karadeniz, chief executive officer of Karpowership. "Our model of integrating powerships and LNGTS offers countries a unique and cost-effective solution to achieving energy security while utilizing cleaner fuels. We are very proud to have become a significant player in the LNG field in just six years."
LNGT Powership Anatolia | Image Credit: Kinetics Energies
Currently, Karpowerships operates 1% of globally installed gas-to-power capacity, with plans to achieve 2% over the next decade. The company owns 50 powerships with 10,000 MW of installed capacity and 11 LNGTS units, including vessels under construction or in the pipeline. These assets operate in 20 countries across four continents, generating clean, reliable, lower-cost electricity, including LNG-to-power projects in Brazil and Senegal.
In late March 2025, Karpowership contracted Everllence (formerly MAN Energy Solutions) to supply 24 18-cylinder 51/60DF dual-fuel engines, each with a power generation capacity of 20.7 MW across numerous globally operated floating power-plant barges set to enter service in Asia, South and Central America, and Africa.
This large-scale engine delivery allows Karpowership to expand its fleet power by approximately 500 MW while switching between fuels based on local availability. The 51/60DF engine can fire natural gas, liquid biofuel, and additional liquid fuels, making it a suitable power generation asset for the powership concept.
In early January 2024, Everllence and Karpowership signed a contract for the supply of 48 dual-fuel engines. The company also agreed to deliver control systems and electromechanical equipment. Everllence PrimeServ also converted four barges with a total of 32 engines to dual-fuel operation.
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