Report: Flex LNG Adds Six More LNG Carriers

Oslo-listed owner and operator of liquefied natural gas (LNG) carriers Flex LNG has signed agreements to buy six LNG ships, Reuters reports citing the company’s chief executive Jonathan Cook.

The 170,000-cubic metre ships will be built by South Korean Samsung Heavy Industries (SHI) and Daewoo Shipbuilding and Marine Engineering (DSME), with the first two ships from the batch scheduled to join the company’s fleet in 2018. The remaining quartet is expected to follow suit in 2019.

According to Cook, all of the contracts have been signed and the initial payments have been processed during the course of this month.

World Maritime News is yet to receive a confirmation from the company on the matter.

In February 2017, Flex LNG entered into a deal to buy two highend MEGI LNGC newbuilds at DSME with scheduled delivery in Q1 2018. The two newbuilds were bought from affiliates of Geveran Trading, the company’s largest shareholder.

Based on the company’s information, Flex LNG operates a fleet of six MEGI LNG carriers with a capacity of approximately 174,000m³ under construction at SHI and DSME, slated for delivery in 2018 and 2019. FLEX LNG is marketing these vessels for charter and is pursuing floating storage and regasification (FSRU) projects.

World Maritime News Staff