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  1. #21
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    Default Re: Powerships - corruption or not

    Quote Originally Posted by HannesS View Post
    Lets say everything is above board, no corruption etc.

    Why would you sign a 20 year contract in a field where things change so rapidly?
    More importantly, why go through the whole process of procurement and signing a contract when all you need to do is sign an existing document to allow more IPP's to feed into the grid and allow more large consumers (mines/smelters/industrial areas) to produce their own power and get off the grid.
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  2. #22
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    Default Re: Powerships - corruption or not

    Looks like Eskom doesn't want to buy the power provided by the ships - due to cost and length of the contract.

    https://www.news24.com/fin24/compani...s-say-20210506
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  3. #23
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    Default Re: Powerships - corruption or not

    Last time i checked portnet had not been consulted about tying up valuable docking space for 20 years either?

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  5. #24
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    Default Re: Powerships - corruption or not

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  7. #25
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    Default Re: Powerships - corruption or not

    Unfortunately I am not very familiar how the corruption is today in Turkey. However in Ottoman empire it was part of how things worked. Even furniture was designed to support it. I just wonder if payment culture would disappear in 100 years. I doubt.
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  8. #26
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    Default Re: Powerships - corruption or not

    The incompetent and corrupt cANCer government has realised that the opportunity for large-scale looting within SA has now been limited by the State Capture Commission so it is now the plan to involve international companies.

    Does anyone think Cuba or Turkey will attend a commission in SA on corruption ?

    So it has started by importing Cuban doctors and engineers, with probably 80% of the "cost" that is paid to Cuba kicked back to the cANCer - and now probably the same with the Turkish powerships. The Russian nuclear build was also supposed to pay nice fat "commissions" to the looting party...

    A hyena doesn't change his spots...
    Last edited by GunRunner; 2021/05/07 at 01:26 PM. Reason: Changed leopard to hyena - can't compare a noble animal like a leopard to the cANCer
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  10. #27
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    Default Re: Powerships - corruption or not

    Now I am super convinced something smells to high heaven....

    Daily Maverick put up these two stories this morning.

    https://www.dailymaverick.co.za/arti...egally-rigged/

    https://www.dailymaverick.co.za/arti...-favoured-gas/

    ...and now amaBhungane has been semi cancelled on Twitter.

    amaBhungane website blocked on Twitter following Karpowership story
    '98 Daihatsu Rocky 'The Kitty'
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  11. #28
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    Default Re: Powerships - corruption or not

    social media influencers benefit promoting karpowerships :

    https://techcentral.co.za/payola-for...payday/107263/

  12. #29
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    Default Re: Powerships - corruption or not

    The big damage will be the marine life around these ships.

    And in 20 years time our harbors will look like Pearl harbor, rotting sunken ships.
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  13. #30
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    Default Re: Powerships - corruption or not

    Well, one of those ships are to be docked here in Richards Bay.

    Not sure where they will put it. It obviously needs to be docked close to shore to tie into the grid. Our main export harbor is for ships loading and unloading, and the small craft harbor is well just that...too small.
    My ryding: 'n Ding met 4 rubber sirkels en n enjin wat nou en dan aangedryf word met al 4 sirkels

  14. #31
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    Default Re: Powerships - corruption or not

    The question we should be asking is who is getting the contract to fuel these babies or is that included in the ship's price?

  15. #32
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    Angry Re: Powerships - corruption or not

    Quote Originally Posted by IcePick88 View Post
    Well, one of those ships are to be docked here in Richards Bay.

    Not sure where they will put it. It obviously needs to be docked close to shore to tie into the grid. Our main export harbor is for ships loading and unloading, and the small craft harbor is well just that...too small.
    This article has an interesting graphic with regards to risk mitigation and Richards bay specifically to do with blast radius from the gas supply ship and associated tender ship:
    https://www.dailymaverick.co.za/arti...bour-moorings/

    The proposed location of the powerships themselves are also indicated.

    This deal stinks.
    Last edited by CraigWatt; 2021/05/18 at 03:00 PM.
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  17. #33
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    Default Re: Powerships - corruption or not

    If these things are going to be there for 20 years, why not just build them on shore, surely it would be a lot cheaper building a power plant with out a ship?
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  18. #34
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    Default Re: Powerships - corruption or not

    Quote Originally Posted by Rumble View Post
    If these things are going to be there for 20 years, why not just build them on shore, surely it would be a lot cheaper building a power plant with out a ship?
    This is precisely why a competing bidder is taking the department to court (along with a bunch of other alleged shenanigans - backhanders):
    https://www.dailymaverick.co.za/arti...she-associate/
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  19. #35
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    Default Re: Powerships - corruption or not

    Quote Originally Posted by Rumble View Post
    If these things are going to be there for 20 years, why not just build them on shore, surely it would be a lot cheaper building a power plant with out a ship?
    South Africa's track record with building power plants is dismal.... Might take another 27 years....
    My ryding: 'n Ding met 4 rubber sirkels en n enjin wat nou en dan aangedryf word met al 4 sirkels

  20. #36
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    Default Re: Powerships - corruption or not

    The more it gets looked at the more impractical it is becoming, that will be its downfall. ie won't work.

    Just like the moped tricycle ambulances in the Eastern Cape.
    Last edited by pwgg; 2021/05/18 at 03:45 PM.
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  22. #37
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    Default Re: Powerships - corruption or not

    Quote Originally Posted by HannesS View Post
    The question we should be asking is who is getting the contract to fuel these babies or is that included in the ship's price?
    Karpower will supply the fuel exclusively (from what I have read).

    There is no guarantee on price of fuel for the duration of the contract. It is related entirely to the the dollar / rand exchange rate and the cost of LNG on the global market.

    Further the contracts themselves are unlikely to be made public.

    Bearing in mind that any fossil fuel may (or probably will) become toxic in financing terms in the medium term the twenty year contract makes zero sense.

    Essentially it is impossible to tell how much we as consumers will be paying in twenty years time per kwh.

    The ZA twenty year contract is also the longest contract Karpower will have had ever, generally they are emergency situations in war (or other disaster) locations and generally max at five years. One has to ask why?
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  23. #38
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    Default Re: Powerships - corruption or not

    Quote Originally Posted by pwgg View Post
    The more it gets looked at the more impractical it is becoming, that will be its downfall. ie won't work.
    All the more reason to PUSH HARD, before it's too late to score a buck on it, then....
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