Karpowership – Floating Power Plants

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Karpowership

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Turkish powership manufacturer

{{Cite web |date=2015-10-27 |title=Turkish power-generating ships set sail to Ghana and Indonesia - Latest News |url=https://www.hurriyetdailynews.com/turkish-power-generating-ships-set-sail-to-ghana-and-indonesia-90407 |access-date=2025-11-08 |website=Hürriyet Daily News |language=en}}|Osman Karadeniz (Chairman){{Cite web |title=Karadeniz Holding: Board of Directors |url=https://www.karadenizholding.com/board-of-directors |access-date=2025-11-08 |website=www.karadenizholding.com}}\n}}"},"industry":{"wt":"Energy, [[Powership]]"},"products":{"wt":""},"hq_location":{"wt":"[[Istanbul]], [[Turkey]]"},"parent":{"wt":"[[Karadeniz Holding]]"},"website":{"wt":"{{URL|www.karpowership.com}}"}},"i":0}}]}'>KarpowershipTypePrivateIndustryEnergy, PowershipHeadquartersIstanbul, TurkeyArea served<br>WorldwideKey people<br>Orhan Karadeniz (CEO)[1]<br>Osman Karadeniz (Chairman)[2]

ParentKaradeniz HoldingWebsitewww.karpowership.com

Karpowership is a global power generation company that develops and operates floating power plants, as well as onshore energy projects and related infrastructure.[3][4][5]

The company is the owner, operator, and builder of a fleet of powerships, comprising more than 40 assets and generating power across four continents, with a total installed capacity exceeding 7,000 MW.[6][7]

Karpowership constructs its floating plants at its shipyard Karmarine in Yalova, Türkiye and executes all its activities in-house, including design, construction, site preparation, commissioning, fuel supply and electricity delivery.[8][9]

History<br>[edit]

Karpowership serves as the international energy generation brand of Karadeniz Holding, through which the company operates its fleet of floating power plants in various countries.[10][11]

In 2007, Karpowership developed a project named "Power of Friendship", which supplies electricity to shortage-stricken countries in the Middle East, Africa and Asia.[12]

In December 2008, Karpowership signed a contract with the Ministry of Electricity of Iraq (MoE) to deploy three Powerships of 520 MW in total.[13] In 2010, the first Powership project was launched in Iraq.[14][15] Between 2010 and 2016, Karpowership supplied electricity to Basra through four Powerships in three different locations.[16][17]

In June 2012, Karpowership signed a contract with the Lebanese Electricity Utility (EDL) to deploy two Powerships with almost 400 MW capacity in total.[18] Karpowership was operational in Lebanon and supplied 25% of the country's total electricity demand.[19]

Between 2016 and 2018, the company supplied cross-border power to Zambia via a 110 MW Powership moored at the Port of Nacala in northern Mozambique.[20][21]

Between 2016 and 2021, Karpowership supplied electricity in Indonesia.[22] The company was awarded a 540 MW tender by the state utility PT PLN (Persero) to supply electricity to 5 different islands of the Indonesian Archipelago.[23]

The company entered into African market with a 450 MW project in Ghana in 2014, and continued to grow in Africa with Mozambique, the Gambia, Sierra Leone and Sudan in 2018, Guinea Bissau, Senegal & Guinea Conakry in 2019, Côte D’Ivoire in 2022 and Gabon in 2024.[24][25][26]

The company also has Powership operations in Brazil, Dominican Republic, Ecuador, New Caledonia and Guyana.[27][28][29]

Powership<br>[edit]

MV Karadeniz Powership Doğan Bey in Freetown, Sierra Leone (2024)<br>Powerships are barge- or ship-mounted floating power plants that can operate on liquid fuels and/or natural gas. Karpowership's powerships are available under electricity-generation services contracts, power-rental contracts, energy-conversion works contracts or power-purchase agreements.[30][31]

The freighter Melpomeni was acquired in 2009 by Karpowership with the purpose to turn her into a floating power plant sailing under the Liberian flag. She was renamed Karadeniz Powership Doğan Bey after Nuri Doğan Karadeniz, the COO of the company.[32]

In May 2009, the Sedef Shipyard in Tuzla, Istanbul, was commissioned with the task to convert a cargo ship into a Powership by installing the needed engine generators, transformers, and the electric switchboards on board.[32]

Karadeniz Powership Doğan Bey is the first of its kind, a Powership with dual-fuel diesel engines capable of operating on natural gas as well.[33] Aboard the vessel, twelve 10.53 MW generator units are installed. Three units are present in each one of the ship's four holds, with the fans and funnels being mounted on deck.[34]

Bureau Veritas, an international certification agency with experience in overseeing both shipbuilding and power plant development, classified the vessel following its...

karpowership power powership karadeniz electricity company

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