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 seeks FERC OK for CP2 LNG expansion

US LNG exporter Venture Global LNG has filed a new application with the US FERC seeking approval to add approximately 11.7 million metric tonnes per annum of capacity at its CP2 LNG project in Louisiana.

Yangzijiang charters its first LNG carrier

Chinese private shipyard Yangzijiang Shipbuilding has chartered its first 175,000-cbm liquefied natural gas (LNG) carrier to capitalize on opportunities arising from the volatile market

Knutsen working on nuclear-powered LNG tanker

Norwegian owner Knutsen is exploring the possibility of retrofitting a small nuclear reactor on its steam liquefied natural gas (LNG) carrier.

More News Like This

Cheniere completes sixth train at Corpus Christi expansion project

US LNG exporter Cheniere has reached substantial completion of the sixth liquefaction train at the Corpus Christi Stage 3 expansion project in Texas.

Cheniere, Bechtel seal EPC deal for first Sabine Pass LNG expansion phase

A unit of Cheniere Energy Partners has entered into a lump sum, turnkey, engineering, procurement, and construction (EPC) contract with Bechtel for the first phase of the Sabine Pass LNG expansion project in Louisiana. In addition, Bechtel has received a limited notice to proceed to start early engineering and procurement for the project.

Flex secures short-term charters for two LNG carriers

Norwegian owner Flex LNG has secured short-term charter deals for two of its liquefied natural gas carriers, according to CEO Marius Foss.

Cheniere reports $3.5 billion net loss, higher revenue in Q1

US LNG exporting giant Cheniere reported a first-quarter net loss of $3.5 ​billion and revenue of $5.87 billion, a rise of 7.8 percent year-on-year.