Seatrium and Karpowership boost efforts for scalable maritime energy solutions

The partnership involves the integration of new generation powerships.

Seatrium Limited has signed a letter of intent (LOI) with Karpowership, fuelling efforts to advance sustainable, mobile, and scalable maritime energy solutions.

According to Seatrium, its scope of work includes mechanical and electrical, equipment integration, mechanical completion, and pre-commissioning.

The LOI involves Seatrium carrying out the integration of four new-generation powerships, with an option for two additional units. Karpowership will deliver the hulls and key equipment for the four powerships to Seatrium Singapore, where integration works will begin in the first quarter of 2027.

“We are developing our 3rd Generation Powerships with a modular system that can be adapted based on project needs. The new design will allow for the integration of advanced technologies such as CCUS (Carbon Capture, Utilisation and Storage) systems or turbines when required,” said Gokhan Kocak, chief technical operations officer, Karpowership.

The agreement also includes the conversion, life extension and repairs of three liquefied natural gas carriers into floating storage and regasification units. This involves the installation of regasification modules, spread-mooring systems, and the integration of critical supporting systems such as cargo handling, offloading, utility, electrical, and automation systems.

A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia