Excelerate Energy has held the naming ceremony for its new floating storage regasification unit, Excelerate Acadia, at the HD Hyundai Heavy Industries yard in Ulsan, South Korea.
The company said the vessel is its first FSRU built at the South Korean shipyard. Deborah Byers, a member of the board of Excelerate Energy and godmother of Excelerate Acadia, led the traditional christening during the event.
Steven Kobos, President and CEO of Excelerate Energy, said the ceremony marked a key step for the company and reflected the work behind developing critical energy infrastructure. He also thanked HD Hyundai Heavy Industries and the teams involved in delivering the unit.
Built for long-term LNG import and regasification service, Excelerate Acadia is part of the company’s investment in purpose-built FSRUs. Excelerate Energy said the vessel has an updated design with efficiency and safety features, including redundant systems for dependable operation.
The naming follows earlier construction milestones for Hull 3407, including its launch in July 2025 and sea trials covering major performance and safety tests. The vessel is due to be deployed at Excelerate Energy’s integrated LNG import terminal in Iraq.