KARMOL’s FSRU named in Singapore

KARMOL, a joint venture of Turkiye's Karpowership and Japan's MOL, has named its latest floating storage and regasification unit at Seatrium's yard in Singapore.

Seatrium said that the naming ceremony for KARMOL LNGT Powership Antarctica, the latest addition to the KARMOL fleet, took place at its Admiralty Yard in Singapore on May 27.

The milestone marks the fourth FSRU conversion project delivered through the partnership between Seatrium and KARMOL, according to the firm.

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.

“From regasification systems to cargo handling, every stage of the Antarctica project was meticulously designed and executed to meet the highest standards of performance and reliability,” Setrium said.

The company did not provide further details regarding the FSRU.

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.

Seatrium did not reveal the names or other details of the Karpowership vessels at the time.

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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