Singapore – October 28, 2026 -- Seatrium Limited and Karpowership signed a Memorandum of Understanding to pursue a joint venture for floating power and digital infrastructure in Singapore, with possible expansion across Southeast Asia. The agreement was announced at Singapore International Energy Week 2026 and witnessed by Dr. Tan See Leng, Singapore's Minister for Energy, Trade and Industry (Energy and Industry).

Singapore – October 04, 2026 -- Seatrium Limited has secured its ninth Floating Storage Regasification Unit (FSRU) conversion contract from Karpowership, extending a partnership that began in 2018.

London – September 30, 2026 -- Kinetics has acquired the LNG carrier Arctic Voyager for conversion into a Floating Storage and Regasification Unit (FSRU) named LNGT Akdeniz, expanding its floating LNG infrastructure fleet.

Converted vessel will deliver 650 mmscfd regasification capacity

The multi-spec FSRU will have storage capacity of approximately 143,000 cbm and a regasification flow rate of 650 mmscfd, built on Moss-type cargo tanks with an expected economic life of 20 years. Delivery of the converted unit is scheduled for the third quarter of 2028.