Excelerate Energy Launches Ship Management Services



Excelerate Energy Launches Ship Management Services
Excelerate will transition its entire fleet to ETM ship management by the end of 2020. PHOTO: Excelerate's rebranded FSRU Experience leaving Navantia dry docks in Ferrol, Spain.

Excelerate Energy LP’s subsidiary, Excelerate Technica, got the green light from various regulatory agencies to operate as ship manager for Excelerate's entire fleet of floating storage and regasification units (FSRUs). The decision is the result of an audit of ETM's safety management system, confirming compliance with standards which ensure the safe operation of its crew and vessels.

"Excelerate has achieved a company milestone with the successful launch of our ship management services,” said Steven Kobos, President and Managing Director. “We are pleased to offer our clients the advantages of integrated service as a fully independent provider of floating LNG solutions. As the largest and most reliable provider of FSRU-based services in the world, Excelerate has built a track record of delivering creative and timely energy solutions for over 15 years."

Excelerate's FSRU Experience is the first of its vessels under ETM ship management. The vessel recently left Navantia dry docks in Fene-Ferrol, Spain, on Feb. 6, where the FSRU was rebranded and painted in Excelerate's brand colors and design, the first of the fleet. Excelerate will transition its entire fleet to ETM ship management by the end of 2020.

"The physical rebranding of the fleet in our own colors reinforces the Excelerate fleet as part of one effort and one culture committed to our core values," Kobos explained.

Excelerate Energy LP is a US-based LNG company in The Woodlands, Texas. The company offers a full range of floating regasification services from FSRU to infrastructure development to LNG supply.

To contact the author, email bertie.taylor@rigzone.com.



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