This port was to be named after the contemporary Swedish monarch, Gustav IV Adolf, who planned Gustavia not only as a naval base, but also as a trading town ("köping").
See sadam oleks saanud nime tolleaegse Rootsi monarhi Gustav IV Adolfi, kes ei kavandanud Gustaviat mitte ainult mereväebaasi, vaid ka kaubalinnana (köping), järgi.