Karpowership's Kinetics to convert LNG carrier Arctic Voyager into an FSRU
The 2006-built Moss-type ship from the Snøhvit trade becomes LNGT Akdeniz, due in the third quarter of 2028
Kinetics, the floating LNG infrastructure arm set up by Turkey's Karpowership, has acquired the LNG carrier Arctic Voyager and will convert her into a floating storage and regasification unit of about 143,000 cubic metres. The unit will be named LNGT Akdeniz and is due for delivery in the third quarter of 2028.
The converted ship will be able to regasify 650 million standard cubic feet a day and will keep her Moss-type spherical cargo tanks. Kinetics expects her to have an economic life of 20 years after the conversion.
"The global LNG market continues to show strong demand for flexible, rapidly deployable regasification infrastructure," said Kinetics general manager Mehmet Katmer in the company's announcement of 30 September. Zeynep Harezi Yılmaz, chief commercial officer of Karpowership, said Kinetics "is strengthening the group's ability to help clients secure reliable energy supply and diversify their energy mix".
LNGT Akdeniz is the company's second high-capacity project. Construction of its first, LNGT Karadeniz, designed to regasify up to 600 million standard cubic feet a day, began in July. Separately, Karpowership and the Singapore shipyard group Seatrium have completed a programme of seven FSRU conversions.
Arctic Voyager was delivered in July 2006 by Kawasaki Shipbuilding at Sakaide, Japan, for the Snøhvit LNG project in northern Norway. She was co-owned by K Line, Statoil, now Equinor, Mitsui & Co and Iino Kaiun, and went into a 20-year charter with the Snøhvit sellers.
Kinetics develops, builds, owns and operates floating LNG infrastructure, including FSRUs, floating storage units and battery energy storage systems. Its parent operates 45 Powerships with more than 8,500 MW of generating capacity and manages 11 LNG vessels across the LNG value chain.
This story is part of the Maritime Briefing of 5 October 2026.
