Excelerate names new FSRU

US FSRU player Excelerate Energy has named its newest floating storage and regasification unit, Excelerate Acadia.

Excelarate said on Tuesday that the naming ceremony took place at the Hyundai Heavy Industries shipyard in Ulsan, South Korea.

The event brought together company leadership, shipyard representatives, and invited guests to celebrate the vessel’s formal christening.

Excelerate said that Deborah Byers, a member of its board of directors and godmother of Excelerate Acadia, performed the ceremonial name-giving and champagne bottle breaking in accordance with maritime tradition.

Designed to support long‑term LNG import and regasification operations, Excelerate Acadia represents Excelerate Energy’s continued investment in purpose‑built FSRUs, the company said.

In October 2022, Excelerate ordered this FSRU from HD Hyundai Heavy.

The US firm will pay about $332 million for the construction of the vessel.

Last year, HD Hyundai Heavy launched the FSRU, while the unit completed its sea trials in South Korea in January this year.

The company previously said that it would deploy the unit to Excelerate’s integrated LNG import terminal in Iraq.

The FSRU has a maximum regasification capacity of one billion standard cubic feet per day (1,000 MMscf/d).

According to Excelerate, the vessel features HD HHI’s proprietary LNG regasification system, dual-fuel engines, selective catalytic reduction system, boil-off gas management, and other technologies which will improve performance and efficiency while lowering emissions.

The vessel’s tanks feature GTT’s Mark III Flex membrane containment system.

Moreover, the unit is equipped with the world’s first H54DF HiMSEN engine.

Following delivery, Exclerate will have 12 FSRUs in its fleet, including a chartered FSRU integrated with the Jamaican assets.

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