Excelerate awards FSRU conversion to Seatrium; second vessel under consideration

Seatrium has been contracted by Excelerate Energy to convert a vessel into a floating storage and regasification unit (FSRU), with delivery slated for 2028. A second conversion is reportedly under discussion, indicating potential expansion of Excelerate's regasification capacity. This reflects ongoing investment in LNG import infrastructure, likely driven by global demand for flexible gas supply.