Introduction     Karadeniz Holding is a Turkish based company known for its floating power plants under the brand Karpowership. This brand is led by Osman Karadeniz. He is the chairman of the Karadeniz Holding and has its powership and shipbuilding strategy for decades. The company has grown into a large-scale global energy player. Recently Singapore based Seatrium agreed to sell its AmFELS shipyard in Brownsville, Texas to a small part of Karadeniz Holding for about US $51.7