KARMOL takes delivery of fourth FSRU

KARMOL, a joint venture of Turkiye's Karpowership and Japan's MOL, has taken delivery of its fourth floating storage and regasification unit in Singapore.

Zackarie Fortin-Brazeau, Karpowership’s LNG commercial VP, announced the delivery of KARMOL LNGT Powership Antarctica in a social media post on Wednesday.

“She is now undergoing GUCD (gassing-pp / cool-down) operations at SLNG ahead of final gas trials — marking another key milestone in the expansion of our global LNG infrastructure,” he said.

“By 2029, we aim to be the world’s largest owner and operator of FSRUs — and Karmol Antarctica, our joint venture vessel with MOL, brings us one step closer to that goal,” Fortin-Brazeau said.

He did not provide further details.

Singapore’s Seatrium recently said that the naming ceremony for KARMOL LNGT Powership Antarctica, took place at its Admiralty Yard in Singapore on May 27.

The milestone marked the fourth FSRU conversion project delivered through the partnership between Seatrium and KARMOL.

Seatrium noted that the journey began with the delivery of KARMOL LNGT Powership Africa during the height of the Covid-19 pandemic.

Since then, Seatrium has delivered Asia, Europe, and now Antarctica.

Seatrium converted the 1989-built 127,525-cbm LNG carrier, Northwest Sanderling, into an FSRU. This vessel previously served the NWS LNG project in Australia.

Last year, Seatrium secured a contract from Karpowership to convert three LNG carriers into FSRUs. The conversion deal included an option for a fourth LNG carrier.

Seatrium said that the conversion work involves installing a regasification skid, as well as other supporting systems such as cargo, utility, spread-mooring, offloading, electrical, and automation systems.

Brokers previously said that Karpowership, part of Karadeniz, bought four steam NWS LNG carriers.

The vessels have a capacity of some 127,000 cbm, while they were built between 1989 and 1994.

They are Northwest Sanderling, Northwest Sandpiper, Northwest Snipe, and Northwest Stormpetrel.

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