Sixth Flex LNG carrier starts gas trials in South Korea

Flex Courageous; Source: Flex LNG

Flex LNG, a company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has started gas trials in South Korea on its Flex Courageous LNG carrier.

Flex LNG said via social media on Monday that the carrier would be the sixth LNG carrier in operation.

According to the company, scheduled delivery is set for the end of August, and the Flex Courageous is currently the only remaining uncommitted LNG carrier to be delivered in 2019.

The vessel will be the sixth LNG carrier in operation for Flex LNG with another seven LNG carriers set for delivery in the next two years, five of which will become available in 2020 and another two in 2021.

Flex Courageous is a 173,400 cbm large LNG carrier with MEGI two-stroke engines and partial reliquefaction system bringing the boil off rate to 0.075 percent.

It is worth reminding that the fifth LNG carrier, the Flex Constellation, was delivered to Flex LNG in early June, three weeks ahead of schedule.

In connection with the delivery, $125 million of a $250 million bank facility was utilized to finance Flex Constellation and while the remainder will be used to finance the Flex Courageous.

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 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 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >