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Norwegian owner Flex LNG appointed its interim chief executive officer, Marius Foss, as CEO.
In March this year, Flex appointed Foss as interim CEO following Øystein Kalleklev’s resignation.
Since joining Flex LNG as chief commercial officer in 2018, Foss has been “instrumental” in developing and executing the commercial strategy of Flex LNG, the company said.
He brings more than 35 years of shipping experience from commercial management roles from among other Frontline, Golar LNG, and Avance Gas.
“I appreciate the trust and support of the board to appoint me as CEO. I look forward to work together with the highly experienced and talented organisation to further develop Flex LNG for the future. With a modern fleet, substantial contract backlog and strong balance sheet, the company is very well positioned to capitalise on the opportunities that lie ahead,” Foss said.
Flex, which owns 13 LNG carriers, will have one 174,000-cbm LNG carrier available for charter in the first quarter of next year as the current charterer decided not to exercise its one-year extension option.
Foss recently said that the “charterer of Flex Volunteer decided not to exercise the one-year option, and we expect her to be redelivered in late December this year, where she will go straight into drydock for her five-year special survey and thereafter be marketed for new employment.”
In 2022, US LNG exporting giant Cheniere and Flex agreed that the 2021-built, 174,000-cbm Flex Volunteer would be the fourth ship chartered under their agreement.
The time charter is for approximately 3 years and 8 months.
