Karadeniz Holding Expands to U.S. with Texas Shipyard Acquisition

submitted 2 weeks ago by samstark20 to demcra

Turkish energy giant Karadeniz Holding has purchased Seatrium’s AmFELS shipyard in Brownsville, Texas for $51.7 million. This strategic move marks the company’s first U.S. shipyard, strengthening its ability to build and maintain floating power plants under its Karpowership brand.