Karadeniz takes aframax

Turkey’s Karadeniz Holding, the creator of increasingly popular floating power stations made from converted merchant ships, has bought an 18-year-old aframax tanker, paying $12.5m for the Happy Century[/mt.

Kardeniz’s subsidiary Karpowership currently has projects in Cuba , Gambia, Ghana, Senegal, Indonesia,Lebanon, Sierra Leone and Sudan as well as Mozambique where it has just teamed up with Mitsui OSK Lines (MOL) for a world-first LNG-powered floating station.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
Back to top button