Flex LNG to take delivery of first 2020 newbuild

Flex LNG, the shipping company controlled by billionaire John Fredriksen, is to take delivery of its first newbuild vessel for this year.

The Norway-based company said on Wednesday it expects LNG carrier Flex Aurora to join its fleet by end of July.

South Korea’s Hyundai Heavy is building the uncomitted 174,000-cbm LNG carrier, which will be ready for charter immediately after delivery.

Flex Aurora features WinGD low-pressure X-DF engines and GTT’s Mark III Flex containment system.

LNG carrier Flex Aurora
Image: Flex LNG

Flex aquired this ship in a package with sister vessel Flex Amber from Fredriksen’s Geveran Trading in May 2018. It payed $184 million for each vessel.

The company currently has six vessels on the water and an additional seven newbuildings under construction at HHI and DSME.

Flex expects to take deliveries of these vessels between the third quarter 2020 and the second quarter 2021.

Most Popular

Glenfarne still expects Texas LNG FID by end of this year

US energy firm Glenfarne confirmed it is targeting a final investment decision on its planned 4 mtpa Texas LNG export project in the port of Brownsville by the end of 2025 after the US FERC issued the final supplemental environmental impact statement for the project.

Kosmos: Tortue FLNG to hit full capacity in Q4

UK-based energy giant BP and its partners expect the 2.7 mtpa Golar FLNG Gimi, which serves the Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal, to reach its nameplate capacity in the fourth quarter of this year, according to US-based Kosmos Energy.

Equinor’s Hammerfest LNG back online after maintenance

Norwegian energy firm Equinor has resumed operations at its 4.3 mtpa Hammerfest LNG export plant following an extended maintenance shutdown, a spokesperson for Equinor told LNG Prime on Monday.

More News Like This

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

HD Hyundai Heavy tests BOG system on LNG-powered containership under construction

South Korean shipbuilder HD Hyundai Heavy has completed a test to verify the onshore recycling of boil-off gas (BOG) from an LNG dual-fuel container vessel currently under construction.