Karachi, Pakistan, Power Ships Idle Worsen Outages

Bloomberg Business Week
Tuesday, May 29, 2012

Two Turkish floating electricity power station ships lie idle off Karachi since late 2010 despite Karachi power shortage

The world’s largest power ship lies anchored off Pakistan’s energy-starved port city of Karachi, just one of its 19 chimneys puffing smoke into the sea air, reports Haris Amwar in  Blooberg Business Week news item.

The Kaya Bey and a sister vessel, whose furnace-oil generators could halve the city’s peak 600-megawatt energy shortfall, has been largely idle since the Supreme Court suspended its license amid an anti-corruption probe. Karachi’s 18 million people face another summer without the power they need to cool homes or run businesses.

The Turkish floating power station dropped anchor in November 2010 as part of Prime Minister Yousuf Raza Gilani’s bid to curb a nationwide power deficit that widened to 6,000 megawatts this month, or 30 percent of demand. Energy shortages, which the government says may slice 4 percentage points off economic growth in the year to June, have stirred public discontent against Gilani. Street protests and factory shutdowns are proliferating less than a year before the next general election.

Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Urals Weakens Further in Baltic

Russian Urals crude differentials continued to slide in the Baltic on Thursday amid a flurry of activity with softer refining margins, pushed down by higher oil prices, still keeping buyers at bay.

Seadrill Hopes to See Market Turn in 2017

Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017.   Rig rates have more

Eni Arctic Service Rig Extension Okayed

Italian oil company Eni has received permission from Norway's Petroleum Safety Authority to extend the use of a service rig on its troubled Arctic Goliat oil field offshore Norway until Nov.


Tsakos Fixes Three LR2s on Timecharter

Crude, product and LNG tanker operator Tsakos Energy Navigation Ltd (TNP) announced the charter for an average of 36-months per vessel for its three LR2 Aframax

Container Shipping: Volumes Up, But...

The container shipping market may find comfort in the fact that global volumes were up by 1.1% in the first six months of 2015. Following a disastrous first quarter,

Using Big Data for Engine Preventive Maintenance

Mitsui O.S.K. Lines, Ltd. announced that it has started a demonstration test of a next-generation condition-based engine monitoring system called “CMAXS e-GICSX”

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.5007 sec (2 req/sec)