MV Karadeniz Powership Alican Bey

Last updated
Karadeniz Powership Alican Bey
KPS 1 Alican Bey.jpg
Karadeniz Powership Alican Bey
History
Name
  • Karadeniz Powership Alican Bey
  • STX Rose 1
Owner Karpowership
Operator Karpowership
BuilderSingapore
General characteristics
Class and type Special Service-Floating Power Plant
Capacity104.3 MW generation (as Powership)

The MV MV Karadeniz Powership Alican Bey is a power barge, a floating power plant, owned and operated by Karpowership. Built in Singapore and converted into a Powership in Turkey, she was commissioned in 2011 to supply electricity to the power grid in Pakistan.

Contents

Vessel

She was built in Singapore as a specialized submersible vessel and christened STX Rose 1. [1] [2] [3]

Powership

End January 2011, she arrived at Port of Karachi, Pakistan joining MV Karadeniz Powership Kaya Bey, the first Powership of the fleet, which came to Korangi on November 17, 2010. [4] The total installed capacity of the two Powerships amounted 330 MW, [5] while the contract capacity of the power purchase agreement was 232 MW. [3] The Powerships were able to meet almost 50% of the electricity power needs of the 18 million people in Karachi. [6]

Dispute

In the wake of political contentions in Pakistan, [7] the Supreme Court of Pakistan declared on March 30, 2011 that all rental power plants (RPP) are illegal and the operating RPPs have to be closed. [8] In March 2012, the Karadeniz Energy Group (Karkey) annulled the energy purchase agreement - a RPP contract- with the Pakistan National Accountability Bureau (NAB), which covered the service of the Powerships MV KPS Kaya Bey and the later stationed MV KPS Alican Bey. The reason was that the Pakistani side failed to perform their obligations in payments and oil supply. By the end of October 2012, the Pakistani government ordered the repayment of the unused deposit in amount of US$17.2 million from the Turkish partner before the ships can leave. [6] Upon a complaint filed by a politician in the Parliament of Pakistan, the Supreme Court of Pakistan ordered the seizure of the retained Powerships due to a fine of US$120 million demanded by the NAB. [9] The case went to international arbitration on March 11, 2013. [10] [11] [12] [13]

On May 16, 2014 after two years of retainment, LPS Kaya Bey left Karachi heading Dubai for repairs and maintenance in compliance with an intermediate decision of the International Centre for Settlement of Investment Disputes (ICSID). On August 1 the same year, a second decision of the ICSID enabled the definitive and lasting release of the Powership. [11]

The dispute was also subject of talks at highest-level of politicians between the two countries' prime ministers and state presidents. It was reported that KPS Alican Bey and two other vessels of the Turkish company were still in retainment by August 2014. [11]

Tribunal constituted under the World Bank’s arbitral center, ICSID, issued the award in August 2017 in favor of Karkey in the case filed by Karkey against Pakistan. Pakistan has been sentenced to pay the company one of the highest compensation amounts under ICSID. [14]

Prime Minister Imran Khan announced that his government, with the help of Turkish President Recep Tayyip resolved the dispute in Nov. 2019. [15]

Related Research Articles

<span class="mw-page-title-main">Zorlu Energy Wind Power Project</span> Wind farm in pakistan

The Zorlu Energy Power Project is a wind farm located at Jhimpir in Thatta District of Sindh province in Pakistan, 120 kilometres north-east of Karachi. The project has been developed by Zorlu Energy Pakistan, a subsidiary of the Turkish firm Zorlu Enerji. The total cost of project is $143 million.

<span class="mw-page-title-main">Powership</span> Floating power station

A powership is a special purpose ship, on which a power plant is installed to serve as a power generation resource.

MV <i>Karadeniz Powership Doğan Bey</i>

The MV Karadeniz Powership Doğan Bey is a Liberia-flagged Powership, a floating power plant, owned and operated by Karpowership. Built 1983 by Mitsui Co. in Ichihara, Chiba, Japan and christened MV Sono, she sailed as a dry cargo ship under various names and flags until in 2010 she was converted into a Powership at the Sedef Shipyard in Tuzla, Turkey. She supplied electricity to the power grid in south-eastern Iraq. Currently, she supplies electricity to Sierra Leone.

<span class="mw-page-title-main">Pakistan–South Korea relations</span> Bilateral relations

Pakistan–South Korea relations refers to bilateral diplomatic relationship between Pakistan and South Korea. Since the 1980s, the relations between the two Asian states have improved and periodically enhanced. Pakistan has an embassy in Seoul, South Korea, and South Korea has an embassy in Islamabad, Pakistan. Pakistan is one of the few countries that have good relations with both North Korea and South Korea.

Rauf or Rawuf is an Arabic male given name or surname which is a noun and the exaggerated form of the name Raif meaning "kind, affectionate, benign", "sympathetic, merciful" or compassionate.

MV <i>Karadeniz Powership Ayşegül Sultan</i>

The MV Karadeniz Powership Esra Sultan is a Powership, a floating power plant, owned and operated by Karpowership. Built in 2007, it was converted into a Powership in 2015 by Sedef Shipyard in Tuzla, Istanbul, Turkey. She was commissioned to supply electricity to the power grid in Ghana. Currently, she serves in Dakar, Sénégal.

MV <i>Karadeniz Powership Zeynep Sultan</i>

The MV Karadeniz Powership Zeynep Sultan is a Liberia-flagged powership, a floating power plant, owned and operated by Karpowership. Built in 1984 by the Valmet Oy Helsingin Telakka in Vuosaari, Helsinki, Finland and christened MV Pavel Antokolsky, she sailed as a barge carrier under various names and flags until in 2015 she was converted into a Powership at the Sedef Shipyard in Tuzla, Istanbul, Turkey. She is commissioned to supply electricity to the power grid in Amurang, North Sulawesi, Indonesia.

MV <i>Karadeniz Powership İrem Sultan</i>

The MV Karadeniz Powership İrem Sultan is a Liberia-flagged Powership, a floating power plant, owned and operated by Karpowership. Built in 1984 by the Fincantieri Marghera Shipyard in Venice, Italy and christened MV Nikolay Markin, she sailed as a barge carrier under various names and flags until in 2014 she was converted into a powership at the Sedef Shipyard in Tuzla, Istanbul, Turkey. She served in Nacala, Mozambique supplying electricity to Mozambique's power grid for land-locked Zambia. Currently, she serves in the Dominican Republic, and is stationed in Santo Domingo.

MV <i>Karadeniz Powership Rauf Bey</i>

The MV Karadeniz Powership Rauf Bey is a Liberia-flagged Powership, a floating power plant, owned and operated by Karpowership. Built in 1982 in Brazil and christened MV Gulf Grain, she sailed as a bulk carrier under various names and flags until she was acquired to be converted 2009 into a Powership in Turkey. She served in Basra, Iraq supplying electricity to the power grid there. Currently, she supplies electricity to Sudan.

MV <i>Karadeniz Powership Kaya Bey</i> Floating Power Plant

MV Karadeniz Powership Kaya Bey is a Liberia-flagged powership, a floating oil-burning power plant, owned and operated by Karpowership. Built in 1983 in Brazil and christened MV Gulf Grain, she sailed as a bulk carrier under various names and flags until she was acquired in 2009 to be converted into a Powership in Turkey. The Powership supplied electricity to the power grid in Pakistan, then in Basra, Iraq.

MV <i>Karadeniz Powership Fatmagül Sultan</i>

The MV Karadeniz Powership Fatmagül Sultan is a Liberia-flagged Powership, a floating power plant, owned and operated by Karpowership. Built as a barge, she was converted into a Powership in 2013 at Sedef Shipyard in Tuzla, Istanbul, Turkey. She is commissioned to supply electricity to the power grid in Lebanon.

MV <i>Karadeniz Powership Orhan Bey</i> Floating power plant

The MV MV Karadeniz Powership Orhan Bey is a power barge, a floating power plant, owned and operated by Karpowership. She was commissioned in 2013, and initially contracted to supply electricity to the power grid in Lebanon.

Karpowership is a Turkish builder, operator, and owner of a fleet of powerships. Since 2010, 36 powerships have been completed with their total installed capacity exceeding 6,000 MW and further capacity under construction.

MV <i>Karadeniz Powership Osman Khan</i>

The MV Karadeniz Powership Osman Khan is a Liberia-flagged floating power plant, owned and operated by Karpowership. In 2016, she was solemnly sent off from the Hat-San Shipyard in Altinova, Yalova, Turkey to Ghana to supply electricity to the power grid.

MV <i>Karadeniz Powership Onur Sultan</i> Floating power plant

The MV Karadeniz Powership Onur Sultan is a Liberia-flagged floating power plant, owned and operated by Karpowership. In 2016, she was sent off from the Sedef Shipyard in Tuzla, Istanbul, Turkey to Myanmar to supply electricity to the power grid. In 2018, she was commissioned to supply electricity to the power grid in Indonesia.

MV <i>Karadeniz Powership Gökhan Bey</i>

The MV Karadeniz Powership Gökhan Bey is Liberia-flagged floating power plant, owned and operated by Karpowership. In 2016, she was solemnly sent off from the Sedef Shipyard in Tuzla, Istanbul, Turkey together with the MV Karadeniz Powership Yasin Bey to Indonesia to supply electricity to the power grid. She has a generation capacity of 125 MW.

MV <i>Karadeniz Powership Yasin Bey</i> Powership

The MV Karadeniz Powership Yasin Bey is Liberia-flagged floating power plant, owned and operated by Karpowership. In 2016, she was solemnly sent off from the Sedef Shipyard in Tuzla, Istanbul, Turkey together with the MV Karadeniz Powership Gökhan Bey to Indonesia to supply electricity to the power grid.

<span class="mw-page-title-main">Électricité du Liban</span>

Électricité du Liban is a public industrial and commercial establishment in Lebanon which controls 90% of the country's electricity production, transmission and distribution activities.

Karadeniz Holding is a Turkish energy company which owns and operates land based power plants and powerships, through its subsidiary Karpowership. It is based in Istanbul, Turkey. The company is operational in several industries, including energy, finance, ship building, and real estate.

Ishikawajima do Brasil Estaleiros S.A commonly known as ISHIBRÁS was a shipbuilding company based in Rio de Janeiro, Brazil.

References

  1. "Filomuz" (in Turkish). Karadeniz Enerji. Retrieved 2015-12-06.
  2. "What is Karadeniz Powership?". Marine Insight. 2013-02-22. Retrieved 2015-12-06.
  3. 1 2 "Second Turkish powership arrives". DAWN . 2011-01-31. Retrieved 2015-12-06.
  4. "Kaya Bey likely to start power generation this week". The News. 2011-04-05. Retrieved 2015-12-06.
  5. "Rental Power: Turkish ship conducts test". Tribune. 2011-12-08. Retrieved 2015-12-06.
  6. 1 2 "Türk enerji gemileri Pakistan'dan ayrılıyor". Sabah (in Turkish). 2012-11-01. Retrieved 2015-12-06.
  7. Kazim, Hasnain (2013-01-15). "Crisis in Pakistan: Prime Minister's Arrest Ordered amid 'Revolution'". Spiegel Online . Retrieved 2015-12-07.
  8. Akhtar, Syed Ovais (2012-04-07). "The sad saga of rental power plants". Pakistan Today . Retrieved 2015-12-07.
  9. "Yüzen santral gemisi krizi büyüyor, fatura 120 milyon dolar" (in Turkish). Enerji Enstitüsü. 2012-11-27. Retrieved 2015-12-06.
  10. "Karkey Karadeniz v. Pakistan". United Nations UNCTAD, Investment Policy Hub . Retrieved 2018-08-17.
  11. 1 2 3 "Pakistan Tarafından Rehin Tutulan Yüzer Enerji Santrali Gemisi". Platin Haber (in Turkish). 2014-08-06. Retrieved 2015-12-06.
  12. Ocak, Serkan (2013-03-19). "Pakistan'daki rehin gemiler tahkimde". Radikal (in Turkish). Retrieved 2015-12-06.
  13. Ahmadani, Ahmad (2013-12-19). "Govt allows Turkish Karkey to sail for necessary repair". Daily Times . Retrieved 2018-08-16.
  14. "Karkey Karadeniz Elektrik Uretim A.S. v. Islamic Republic of Pakistan". ICSID. Retrieved 2018-08-17.
  15. Dawn.com (2019-11-04). "Pakistan saved from paying $1.2bn penalty as Karkey dispute 'amicably' resolved: PM Imran". DAWN.COM. Retrieved 2022-03-20.