Daewoo Shipbuilding and Marine Engineering has delivered the floating storage regasification unit Excelerate Sequoia to Excelerate Energy L.P.
(Courtesy Excelerate Energy)
The FSRU Excelerate Sequoia.
Offshore staff
THE WOODLANDS, Texas – Daewoo Shipbuilding and Marine Engineering (DSME) has delivered the floating storage regasification unit (FSRU) Excelerate Sequoia to Excelerate Energy L.P.
DSME has built all 10 of Excelerate’s FSRUs.
The Excelerate Sequoia has a storage capacity of 173,400 cubic meters and can operate as both an FSRU and a fully tradable LNG carrier.
Last September, Excelerate and Maran Gas Maritime Inc. signed a five-year bareboat charter agreement (BBC) for the FSRU. Excelerate will have the option to purchase the vessel during the five-year BBC.
The vessel completed its first gas-up and cool-down operations at POSCO Energy’s Gwangyang LNG Terminal in Jeonnam, South Korea, on June 21, 2020. Gas-up is one of the mandatory procedures an LNG carrier must perform to make the vessel commercially ready to receive LNG cargoes.
