Singapore, March 10 -- Seatrium Limited ("Seatrium" or the "Group") is pleased to announce that it has been awarded a contract by Karpowership, for the conversion of a new Floating Storage Regasification Unit ("FSRU"). Karpowership is a longstanding customer for Seatrium, renowned for owning, operating and building the world's largest Powership (floating power plant) fleet.This latest contract award signals a progression of an earlier letter of intent ("LOI") signed between Seatrium and Karpowership announced in August 2025, and marks Seatrium's eighth FSRU conversion project for Karpowership. The LOI scope includes the conversion, life extension and repairs of three LNG carriers ("LNGC") into FSRUs; as well as the integration of four new-g...