Flex LNG takes delivery of 13th carrier

Norwegian shipping firm Flex LNG has taken delivery of its thirteenth vessel from South Korea’s Hyundai Samho Heavy Industries.

The 174,000-cbm Flex Vigilant will serve US LNG exporter Cheniere as part of a three-year charter deal revealed in April.

The LNG carrier features WinGD’s dual-fuel propulsion and GTT’s Mark III Flex containment system. It also has a reliquefaction system with a boil-off rate of 0.085% per day.

With this delivery, Flex has wrapped up its newbuild program and now has thirteen ships on water.

To remind, the LNG shipper has this year signed several charter deals for its fleet.

The most recent charter includes the 2021-built 173,400-cbm Flex Freedom. The vessel will go on charter to an “LNG portfolio player” for a minimum firm period of either three or five years, according to the firm controlled by billionaire John Fredriksen.

Prior to that, Flex chartered the 173,400-cbm Flex Constellation but it also signed the deal for four carriers with a unit of Cheniere, including Flex Vigilant.

Most Popular

Venture Global gets FERC OK to boost Plaquemines LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal in Louisiana to 27.2 mtpa.

Asyad Shipping sells LNG carrier

Oman's Asyad Shipping has sold a 2006-built steam liquefied natural gas (LNG) carrier, according to brokers.

First Rio Grande LNG tank taking shape

US LNG developer NextDecade continues to make progress on the first phase of its Rio Grande LNG export plant in Texas, including the first 180,000-cbm storage tank.

More News Like This

Cheniere still targets 2025 FID on two more Corpus Christi LNG trains

US LNG exporting giant Cheniere still expects to make a final investment decision to build two more midscale trains at its Corpus Christi LNG plant in Texas this year, according to CEO Jack Fusco.

Cheniere produces first LNG cargo at Corpus Christi expansion project

US LNG exporting giant Cheniere has produced the first cargo at the Corpus Christi Stage 3 expansion project in Texas.

Flex LNG plans Oslo delisting

Kalleklev said during Flex LNG's earnings call on Tuesday that the decision is driven by the high costs of...

Flex LNG expects 2025 to be in line with last year

Flex LNG reported revenues of $355 million in 2024, down from $371 million in 2023 and a rise compared...