Excelerate Technical Management (ETM) has received Interim Documents of Compliance (DoC) from the Republic of the Marshall Islands and the Government of Belgium.
The DoC was awarded under the International Safety Management (ISM) Code. It permits ETM to assume the role of ship manager for the entire fleet of floating storage and regasification units (FSRUs) of Excelerate.
ETM is a subsidiary of Excelerate Energy.
The interim DoC was awarded following the audit of the company’s safety management system and after ensuring that the fleet complies with the ISM standards of safe operation.
The FSRU Experience is the first vessel to be managed by ETM. The vessel departed from Fene-Ferrol, Spain, on 6 February.
Scheduled maintenance and vessel upgrades were carried out in Spain. The fleet will be transferred to ETM ship management by the end of the year.
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Excelerate president and managing director Steven Kobos said: “Excelerate has achieved a company milestone with the successful launch of our ship management services. The compliance certification is tangible evidence of the forward-thinking, dedicated effort of our team. 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. We have endeavoured over the past several years to integrate the components of our business that have the greatest impact on our ability to provide flexible and seamless service to our clients.”
In October 2019, Excelerate Energy signed a five-year bareboat charter agreement with Maran Gas Maritime (MGM) for the FSRU Hull 2477.