SINGAPORE, Sept. 24, 2026 /PRNewswire/ -- Seatrium Limited ("Seatrium" or the "Group") and Karpowership celebrated the naming and sailaway of LNGT Türkiye, the seventh and final Floating Storage and Regasification Unit (FSRU) delivered under their seven-vessel conversion programme at Seatrium's Admiralty Yard.
The programme, which began in 2018, involved the conversion of seven LNG carriers into FSRUs. The vessels comprise LNGT Africa, LNGT Asia, LNGT Europe, LNGT Antarctica, LNGT Americas, LNGT Oceania and LNGT Türkiye.
Supporting Karpowership's integrated LNG-to-power value chain, the seven FSRUs will operate alongside its global Powership fleet, supplying clean, reliable feed gas to floating power plants, strengthening energy security and flexible grid access across four continents. The LNG carrier-to-FSRU conversion programme involved complex cryogenic, marine and gas-handling systems integration works.
LNGT Türkiye also holds special significance as the final project for Karpowership to be completed at Seatrium Admiralty Yard ahead of its scheduled return to the Authorities by 2028. The successful completion of the programme reflects the technical excellence, resilience and dedication of the project and engineering teams from both companies who contributed to bringing each vessel into service. Naming the vessel after Karpowership's home country serves as a fitting tribute to the company's roots and the strong partnership forged throughout the programme.
Mr Ersen Ayanoglu, Assistant General Manager, LNG Investments Global Shipbuilding, Karpowership, said, "The successful completion of our seventh FSRU conversion reflects the strength of our long-standing partnership with Seatrium. Time and again, Seatrium has demonstrated its ability to overcome complex technical and operational challenges, transforming ambitious plans into successful project outcomes. What we built together at Admiralty Yard was never just steel and machinery; it was deep operational trust, forged by our engineers and shipyard teams working side by side. These seven FSRUs play a vital role in our integrated LNG-to-Power value chain, feeding clean and reliable gas to the globe. As we name LNGT Türkiye and close this remarkable chapter, we look forward to continuing this journey together at Tuas Boulevard Yard, expanding our collaboration to meet the world's growing energy needs."
Mr Alvin Gan, Executive Vice President, Repairs and Upgrades at Seatrium, said, "The completion of the programme reflects the strength of our longstanding partnership with Karpowership and reinforces Seatrium's leadership in FSRU conversions and offshore energy infrastructure solutions. Having delivered over 90% of the world's FSU and FSRU conversions, Seatrium combines deep engineering expertise, integrated yard capabilities and execution excellence to navigate complexity and deliver certainty for our customers. We value Karpowership's continued trust and look forward to expanding our collaboration beyond FSRU projects, including next-generation Powerships and offshore energy solutions, as we support our customers' ambitions to meet the rapidly growing global energy demand."
About Karpowership
Karpowership is a global energy company specializing in fast-track and integrated power solutions. With a fleet of 45 Powerships and a total installed capacity exceeding 8,500 MW; the company delivers turnkey energy solutions wherever and whenever they're needed.
As the only owner, operator, and builder of the world's only Powership fleet, Karpowership offers a plug-and-play solution that can be directly connected to the grid and start generating electricity in less than 30 days.
In addition to its signature Powerships, Karpowership offers floating LNG solutions, with a fleet of 11 LNG assets, including the ones in the pipeline, that is composed of FSRUs and LNG carriers. Its LNG-to-Power model supports a cleaner and flexible energy future.
With over 30 years of experience, Karpowership remains committed to delivering sustainable, reliable power; empowering nations and communities beyond the grid.
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About Seatrium Limited
Headquartered and listed in Singapore, Seatrium Limited is a leading provider of specialised engineering solutions for the global offshore, marine, and energy sectors. Seatrium plays a pivotal role in delivering offshore energy infrastructure assets globally that is the backbone of some of the world's essential energy systems.
With over 60 years of proven expertise, Seatrium operates across 15 countries through an integrated network of advanced yards, engineering and technology centres; supported by a diverse and dedicated workforce of more than 24,000 employees.
Seatrium's diversified business positions play a critical role in the global energy transition. Its core business segments mainly include Oil & Gas Newbuilds and Conversions; Offshore Wind; Repairs & Upgrades. Its expanding product portfolio includes FPSOs, FPUs, Offshore Converter Platforms and a wide range of offshore installation vessels, amongst others.
Longstanding customer relationships with the world's largest energy majors, asset operators and owners, and Transmission System Operators underscore Seatrium's ability to consistently deliver high standards of safety, quality and timeliness.
Amidst the global energy transition, Seatrium has robust capabilities in developing new technologies and solutions (such as Carbon Capture & Storage and New Energies). Guided by a culture of innovation; and core values prioritising people, safety and sustainability; Seatrium strives to create enduring value for all stakeholders, engineering towards a sustainable energy future.
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