
With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities.

South Korean Taihan Cable & Solution has finalized the construction of a dedicated cable test center that enables simultaneous testing of two 640 kV-class HVDC cable circuits. The test center spans approximately 7,000 square meters and is located at the company’s Dangjin Cable Plant, enabling close