Read Authentic Ratings for the Kps-Irem-Sultan

Today marks the departure of the 'Karadeniz Powership Irem Sultan' from Istanbul as it embarks on its mission to supply electricity to the city of Basra, Iraq. This powership is contracted to provide power for three years, ensuring a steady energy supply for the local population. The 'KPS Irem Sultan' is the latest addition to the fleet of powerships designed by Turkish company Karadeniz Holding, making it the fifth in line. Notably, the previous four vessels developed by Karadeniz Holding are already operational in both Iraq and Pakistan, showcasing the company's commitment to enhancing energy access in various regions.

On July 23, 2010, in Breda, Dockwise Ltd. announced the strategic sale of its type IV vessel, MV Enterprise, as part of an initiative to refine the composition of its fleet with a growing emphasis on premium cargoes. The vessel has been sold to an undisclosed buyer and is scheduled for delivery by the end of July 2010. This decision follows a rigorous cost-revenue analysis which indicated that MV Enterprise was operating within market segments that contributed minimally to the company’s bottom line. After nearly three decades in service, the ship would have required significant investment for maintenance and upgrades to align with Dockwise's high offshore equipment standards, particularly regarding its Life Time Extension. Upon delivery, MV Enterprise is set to be repurposed as a floating power plant.