Flex LNG extends Flex Enterprise charter

Image courtesy of Flex LNG

Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has extended the time-charter agreement for Flex Enterprise.

With this extension, the firm period under the time charter is the end of first quarter of 2021, the company said in its statement on Wednesday.

The charterer also has remaining extension options and the time charter rate is variable as a function of the overall market conditions.

Øystein Kalleklev, CEO of Flex LNG Management commented, “Flex LNG Fleet Management took over ship management responsibilities for this ship in November 2019 so we are particularly pleased that the charterer has elected to extend this time charter.” 

Flex Enterprise is a 174,400-cbm LNG carrier built by the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) in 2018. The vessel also features MEGI propulsion technology.

Share this article

Follow LNG World News

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >