THE WOODLANDS, Texas--(BUSINESS WIRE)--Jan 6, 2025--
Excelerate Energy, Inc. (NYSE: EE) (the “Company” or “Excelerate”) today announced that on December 28, 2024, the Company safely completed its 3,000 th LNG ship-to-ship (STS) operation since the start of STS operations in 2007. The milestone was achieved onboard Excelerate’s floating storage and regasification unit (FSRU) Excellence which received a cargo delivery from Maran Gas Maritime Inc.’s liquified natural gas (LNG) carrier, the Maran Gas Asclepius, at the Moheshkhali Floating LNG (MLNG) terminal in Bangladesh.
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“This milestone is a testament to our unwavering commitment to safety, reliability, and innovation in the LNG industry. It is not just a number. It symbolizes years of relentless effort, continuous improvement, and the highest standards of operational excellence,” said David Liner, Executive Vice President and Chief Operating Officer. “Since pioneering the commercial ship-to-ship transfer of LNG in 2007, we have continued to shape the industry while safely and reliably bringing energy to those who need it. We extend our deepest gratitude to our partners, clients, and every member of the Excelerate Energy team for making this accomplishment possible.”
Since 2018, the MLNG terminal has played a vital role in ensuring the energy security of Bangladesh. With a capacity of up to 600 million standard cubic feet of gas per day, MLNG provides a reliable source of energy supporting industrial development and job creation in a more sustainable manner.
ABOUT EXCELERATE ENERGY
Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of flexible regasification services from FSRUs to infrastructure development to LNG supply. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, London, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit www.excelerateenergy.com.
Excelerate Energy's FSRU Excellence receives a cargo delivery from the Maran Gas Asclepius at the Moheshkhali Floating LNG terminal in Bangladesh on December 28, 2024, marking the safe completion of Excelerate's 3,000th LNG ship-to-ship transfer operation. (Photo: Business Wire)
MANCHESTER, England (AP) — Ruben Amorim is out as coach of Manchester United after just 14 months in the job.
The Premier League club announced on Monday that Amorim's reign was over - with the decision coming a day after he made provocative comments about his position following a 1-1 draw with Leeds.
“With Manchester United sitting sixth in the Premier League, the club’s leadership has reluctantly made the decision that it is the right time to make a change,” United said in a statement. “This will give the team the best opportunity of the highest possible Premier League finish.”
United said youth coach Darren Fletcher would take charge of its match against Burnley on Wednesday.
Amorim oversaw a slew of unwanted records at the 20-time English champion including its lowest finish in the Premier League era last season. The United job has proved one of the most difficult in world soccer since club legend Alex Ferguson retired in 2013, with Amorim the sixth permanent manager or coach to be discarded in that time.
Amorim apologized to fans at the end of last season for what he described as a “disastrous” campaign when United finished 15th in the standings, recorded its highest number of losses in a Premier League season and lowest points total.
Last week there were reports that figures at the club had questioned his tactics and on Sunday the Portuguese sought to clarify his position.
“I came here to be the manager of Manchester United, not to be the coach of Manchester United,” he said. “And that is clear.
“I’m not going to quit. I will do my job until another guy is coming here to replace me.”
Amorim was considered one of the brightest coaches in Europe when United hired him from Sporting Lisbon in November 2024 at a cost of 11 million euros ($12 million). He had led the Portuguese giant to two league titles in four years and was seen as the ideal candidate to lead United back to the summit of English soccer after more than decade since it was last crowned Premier League champion.
But results plummeted in his first season and defeat to Tottenham in the Europa League final ended hopes of qualifying for the lucrative Champions League.
Still he was given more than $300 million to reshape his squad with signings like Matheus Cunha and Bryan Mbeumo. But the struggles have continued this term, with United winning only two of its first six games in the league and suffering a humiliating loss to fourth-tier Grimsby in the League Cup.
Results have improved, but just three wins from the last 11 games have seen United fail to close the gap on the top three in the standings.
Amorim faced constant questions about his tactics - opting for a system with wingbacks that did not seem to suit his players. He was also questioned over his reluctance to play one of United's most talented home-grown talents in Kobbie Mainoo, who was largely overlooked despite previously being a key player for England.
He became known for his candid approach to interviews - not least last January when he admitted his team might be the worst in the club’s history
United dominated England’s top flight since the inception of the Premier League in 1992 — winning 13 titles. But it has not been crowned champion since Ferguson's retirement.
Top names have been hired since then, including Champions League-winning coaches Louis van Gaal and Jose Mourinho, but they have only brought limited success.
Amorim replaced Erik ten Hag, who won trophies in each of his two full seasons, reached three major finals and qualified for the Champions League. He leaves empty-handed.
Amorim was the first head coach appointed under the minority ownership of British billionaire Jim Ratcliffe, who assumed control of United's soccer operations from U.S. majority owners, the Glazer family.
He is the latest high profile hire to come and go under Ratcliffe, following the swift exit of former sporting director Dan Ashworth after less than six months.
Ratcliffe has sought to control spending since investing $1.3 billion for up to 25% in 2024 and has made sweeping cuts. But the departures of Ten Hag and Ashworth alone cost $18 million, according to United's accounts. That was on top of the fee paid to release Amorim from his contract at Sporting Lisbon.
Amorim's United contract ran until 2027. It is unknown what severance he will be due.
AP soccer: https://apnews.com/hub/soccer
FILE - Manchester United's head coach Ruben Amorim watches from the sideline during the English Premier League soccer match between Manchester United and Sunderland at Old Trafford stadium in Manchester, England, Saturday, Oct. 4, 2025. (AP Photo/Dave Thompson, file)
FILE - Manchester United's head coach Ruben Amorim walks on the pitch at the end of the English Premier League soccer match between Manchester United and West Ham at Old Trafford stadium in Manchester, England, Sunday, May 11, 2025. (AP Photo/Ian Hodgson, file)
FILE - Manchester United's head coach Ruben Amorim reacts after Leicester's Bobby Decordova-Reid scored the opening goal during the English FA Cup fourth round soccer match between Manchester United and Leicester City at the Old Trafford stadium in Manchester, England, Friday, Feb. 7, 2025. (AP Photo/Dave Thompson, file)
FILE - Manchester United's head coach Ruben Amorim walks on the pitch after the English Premier League soccer match between Manchester United and Wolverhampton Wanderers in Manchester, England, Tuesday, Dec. 30, 2025. (AP Photo/Dave Thompson, file)
