Seatrium Wins Five-Vessel Karpowership Floating Power Plant Conversion Contract

Seatrium has secured a contract from Karpowership covering the major conversion and integration of five third-generation, hydrogen-ready Whale Class Powerships. Engineering work is already underway, with the first vessel scheduled to arrive at the company’s Singapore yard in December 2027. The award expands the companies’ work from LNG import infrastructure into the associated floating power generation fleet.

 

Details of the Contract

 

Seatrium has won a contract. It is from Karpowership. It covers five vessels. These are floating power plants. They are hydrogen-ready.

The work is already beginning. Engineering is underway. The first vessel arrives in late 2027. A Singapore yard hosts it. It handles integration.

 

The Vessel Class

 

The vessels are a flagship design. They are the highest-capacity type. Each provides substantial generation. This reaches 600 megawatts. They connect to grids.

The vessels are advanced. They use multi-fuel systems. These are hydrogen-ready. Onboard substations feature. They deploy quickly.

 

The Yard Scope

 

The yard has a defined role. It handles conversion. Integration features. Mechanical completion is included. Pre-commissioning follows.

The scope is comprehensive. It covers equipment integration. It prepares the vessels. It readies them for service. It ensures completion.

 

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The Contract Background

 

The contract follows a letter of intent. This dated from 2025. It covered conversions. It mentioned potential integration. This has now advanced.

The contract extends a relationship. It dates to 2018. It focused on conversions. These were LNG units. It now expands.

 

The Wider Programme

 

The partners completed a programme. It covered seven vessels. These were conversions. A final delivery marked it. It involved several ships.

The programme has grown further. An eighth was secured. A ninth followed. This covers another vessel. Delivery is set for 2028.

 

Significance of the Contract

 

The contract expands the work. It moves into power generation. It covers floating plants. It extends beyond import infrastructure. It diversifies the scope.

The contract deepens the relationship. It builds on conversions. It adds new vessels. It reflects trust. It strengthens the partnership.