Another carrier set to join Flex LNG fleet

Norwegian shipping firm Flex LNG will add another vessel to its fleet next week boosting the total number of carriers in operation to eight.

South Korea’s DSME will deliver the 173,400-cbm Flex Artemis on August 17, according the firm controlled by billionaire John Fredriksen.

Once delivered, the LNG carrier will start its long-term charter deal with Clearlake Shipping, a unit of energy trader Gunvor.

The time charter is for a period of up to ten years where the first five years are firm.

Flex Artemis is fitted with MAN’s high pressure two-stroke slow-speed propulsion system (ME-GI) and GTT’s NO96 containment system.

It also features a reliquefaction system with a boil-off rate of 0.035% per day.

This is the second newbuild of the year for the LNG shipper following the delivery of the 174,000-cbm Flex Aurora last month.

Flex LNG has five more newbuilds on order in South Korea with three scheduled for delivery this year and two in the first half of 2021.

- Advertisements -

Most Popular

Commissioning of India’s Chhara LNG terminal delayed

India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal...

MOL’s LNG carrier fleet to grow to 104 vessels by March 2025

Japan's shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels...

Venture Global: Plaquemines LNG to start production in mid-2024

US LNG exporter Venture Global LNG expects to start LNG production at its Plaquemines LNG export plant in Louisiana...

More News Like This

Flex LNG appoints new chairman

Norwegian shipping firm Flex LNG, the owner of 13 liquefied natural gas carriers, has appointed Ola Lorentzon as the...

South Korean yards built 500 LNG carriers for export in 30 years

South Korean yards have completed 500 liquefied natural gas (LNG) tankers for export since 1994, according to the Ministry...

Flex clinches another LNG carrier charter extension

Norwegian shipping firm Flex LNG, the owner of 13 liquefied natural gas carriers, has secured a time charter extension...

Hanwha Ocean to build LNG carrier quartet for $920 million

South Korean shipbuilder Hanwha Ocean, previously known as DSME, has received an LNG carrier order worth about $920 million...