Turkey’s Karpowership is separating its shipping activities into a new division, Kinetics, announcing: “We decided to put all our LNG efforts under a sub-brand.”
The company’s head of business strategy, Mehmet Katmer, said the restructuring phase to carve out the new entity is underway, with the goal to complete the process by the end of the year.
“This separate entity will focus on our LNG efforts going into the future,” he said.
