Flex CEO: spot LNG shipping rates to remain ‘poor’ for remainder of 2024

Spot LNG shipping rates will remain “poor” for the remainder of the year, but the market for longer-term demand is still “very healthy”, according to Flex LNG CEO Øystein Kalleklev. Norwegian shipping firm Flex owns 13 LNG carriers, and these vessels mostly work under fixed-term charters. The company’s vessel Flex Artemis is working on a…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

TotalEnergies picks Daewoo E&C for Papua LNG contract

French energy giant TotalEnergies and its partners in the planned Papua LNG project in Papua New Guinea have selected South Korea’s Daewoo E&C as the preferred bidder for the EPCC of the project's central processing facility and well pads.

Golar eyes fleet of more than seven FLNGs

Floating LNG player Golar LNG has made a pathway to increase its FLNG fleet to over seven units after ordering its fourth unit and securing two more shipyard slots, according to CEO Karl Fredrik Staubo.

Bangladesh’s RPGCL seeks more spot LNG supplies

Bangladesh’s Rupantarita Prakritik Gas (RPGCL), a unit of state-owned Petrobangla, is seeking bids for more spot liquefied natural gas (LNG) cargoes.
spot_img

More News Like This

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.

Flex LNG bags new charter deal

Norwegian shipping firm Flex LNG has secured a new time charter deal for one of its LNG vessels.

Flex bags charter extensions for LNG carrier duo

Norwegian shipping firm Flex LNG has secured time charter extensions for two of its LNG vessels.

Flex LNG expects continued spot market volatility over next 12-18 months

Norwegian owner Flex LNG anticipates continued volatility in the spot LNG carrier market over the next 12–18 months, according to CEO Marius Foss.