Flex Enters into Time Charter Agreement for Flex Constellation

Source: www.gulfoilandgas.com 5/17/2021, Location: South America

Flex LNG Ltd has agreed a Time Charter Agreement with a minimum firm period of three (3) years on prompt basis for the LNG carrier Flex Constellation. The Charterer, a leading trading house, has the option to extend the period by up to three (3) additional years bringing the total period to six (6) years. Flex Constellation is a 173,400 cbm LNG Carrier delivered from DSME to Flex LNG in 2019. She is fitted with MEGI propulsion system and Partial Reliqufaction System (PRS).

Oystein M Kalleklev, Chief Executive Officer of Flex LNG Management AS, commented:
“We are pleased to announce another attractive time charter with a leading LNG player for one of our existing ships. This is very much in line with our communicated strategy of securing attractive term charters to improve our earnings visibility. With the improved freight market for LNG we think the timing now is right to execute on this strategy .”


China >>  6/21/2021 - Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., China State Shipbuilding Trading Co., Ltd., and a joint party represented by China National Petroleum ...
Qatar >>  6/17/2021 - The technology group Wärtsilä has signed Support Agreements for LNG carriers owned by Qatar-based Nakilat, owner of the world’s largest LNG carrier fl...

France >>  6/16/2021 - GTT announces that it has received an order from its partner the Korean shipyard Hyundai Heavy Industries (HHI) for the tank design of four new LNGCs[...
Greece >>  6/15/2021 - Capital Gas Ship Management Corp. took successful delivery of the newbuilding LNG Carrier ‘Aristarchos’, built by Hyundai Heavy Industries, S.Korea. W...

Norway >>  6/8/2021 - Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver compres...
Spain >>  6/4/2021 - Enagás, through its subsidiary Scale Gas, and Peninsula, one of the largest global suppliers of marine fuels, have reached an agreement for the constr...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.