Houlder collaborates with Blue Sea Power on gas to power projects for Kos Chios and Lesvos islands

Houlder, the design and engineering consultancy with sustainability at its core, is collaborating with Blue Sea Power, an integrated energy solution provider as a gas-to-power company based in Athens, to develop three innovative floating LNG-to-power barges .
The FSRP barges, which are set to be operational by 2025, will efficiently provide greener, lower emission baseload and peak power to the non-interconnected islands of Kos, Chios and Lesvos. This power will be used when existing renewable solar and wind energy utilisation is at its technical limits. The barges will replace the outdated and inefficient existing diesel and heavy fuel oil power generation infrastructure, whilst meeting the EU Taxonomy and new Greek Climate legislation.
In the current phase, Houlder will complete the barge designs to a level that will achieve approval in principle by the class society, Lloyd’s Register, and will support Blue Sea Power with the design package for securing suitable tenders from shipyards. In a previous phase, Houlder completed the key decision studies on the main power generation engine selection, a cargo containment system, design standardisation, GHG reduction & efficiency options, and CAPEX, as well as an environmental study – looking at elements such as the impact on seawater temperature and noise pollution.
To adhere to ambitious EU greenhouse gas (GHG) emissions requirements, the barges must generate power efficiently. According to EU Taxonomy regulations on GHG emissions for new power plants in Greece, the limit is 270g of CO2 per e/kWh or a 20-year average of 550kgCo2/kWh. Houlder will therefore incorporate innovative, specialist solutions to meet and even exceed these standards.
Blue Sea Power barge solutions are RRF (Reconciliation Recovery Fund) eligible, where EU funding will cover a substantial part of the CAPEX for these additional GHG reduction measures. As the projects are ESG compliant, the team has also leveraged green funding effectively, which it has secured from multiple banks and investors to finance the project.
Although proven technologies are used, specific innovations will be included to improve efficiency. The technical solutions include maximising waste heat recovery from the exhaust and using waste heat recovery from the engine’s cooling water system for freshwater generation for export. The barges will also maximise cold energy recovery from the LNG evaporation and use variable frequency drives to improve the efficiency of motors onboard.
The team expects to use a cryogenic carbon capture system onboard the power barges. The engines used will be hydrogen production blend ready to further improve sustainability as the technology to enable this matures and there will be scope to factor and blend bio-LNG and renewable synthetic e-LNG into the supply chain to further reduce GHG emissions.
Jonathan Strachan, Houlder’s ship design and engineering director, commented: “The Blue Sea Power team has been a pleasure to work with and we are looking forward to the outcomes of this interesting project. Floating LNG power barges are greener than traditional power generation infrastructure and, with novel integrated design and engineering developments, we can make energy production even more efficient and sustainable.”
The founding partner of Blue Sea Power, Konstantinos Mitropoulos, said: “We are pleased to be undertaking this innovative floating power solution project with Houlder. We have obtained electricity production licences from the regulator for Kos, Chios and Lesvos and we have developed a strong approach to provide all three islands with greener, lower-emission power. Houlder has been an invaluable partner. The team has leading technical expertise in sustainability-centric design and engineering and has worked in a practical approach, which has also complemented the Blue Sea Power project delivery expertise.”
Mark Graham, Blue Sea Power Director of Projects, commented: “Whilst the FSRP integrated power barge is a solution that may appear novel in its approach, the power barge utilises proven tried and tested equipment to reduce associated design and construction risks. The FSRP near-shore solution along with its modular design and shipyard construction also presents many repeatability benefit opportunities on CAPEX, OPEX and Construction schedule savings.”
Looking ahead, there is also potential to develop many more barges and even scale up the projects to efficiently provide other Greek islands and EU locations with green energy.
Related News.
October 19, 2026
OL Shipping Group in Tokyo: Capt. Eberhard Koch calls for realistic solutions to Maritime Decarbonisation
An intensive and engaging couple of days in Tokyo brought together leading figures from the international maritime community, providing a valuable…
October 19, 2026
Regatta for Peace one of the largest ever in Cyprus
Cyprus will host the first European stop on a global sailing journey leading up to the 2027 America’s Cup in Naples. More than 120 sailors…
October 19, 2026
The propulsion technology powering the marine energy transition
The marine industry is under increasing pressure to future-proof fleets, balancing the need to reduce emissions and improve efficiency. Propulsion…
October 19, 2026
Signal Ocean acquires Lgmar
Signal Ocean announced the acquisition of Lgmar, the Athens-based company behind Telix, a maritime email and communication platform in daily use…
October 19, 2026
Canada clean power push challenged by interprovincial grid limits, says GlobalData
Canada is entering a pivotal phase of power-sector expansion as federal tax credits, the phase-out of coal-fired generation, and accelerating…
October 19, 2026
Maritime safety depends on human factors and leadership, not procedures alone
Interim survey findings point to a gap between seafarers’ perceptions of risk and injury data Seafarers may misjudge when and where they are most at…
October 19, 2026
New BIMCO contracts tackle ship recycling and energy-saving retrofits
BIMCO adopted two new contractual solutions designed to help you manage important operational and regulatory challenges: the revised…
October 19, 2026
Stena Line to acquire vessel and make changes to its network
Stena Line has reached an agreement to acquire the RoRo vessel Somerset from CLdN. Subject to closure and transfer, the vessel would begin operating…
October 19, 2026
DORIC WEEKLY INSIGHT 16 OCTOBER 2026
Please find below the DORIC Market Insight for the week ending 16th October 2026. Weekly Report 16.10.2026
October 19, 2026
Important information for port clients and freight carriers effective November 1, a new traffic overpass and port checkpoint will open for traffic to the Port of Riga on Kundziņsala
Starting November 1 of this year, a new traffic overpass connecting Tvaika Street to Kundziņsala will open to facilitate traffic to and from the Port…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























