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

Spot LNG shipping rates are expected to 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.

This story requires a subscription

Get 12 months of full digital access to LNG Prime for only $295 instead of $600.
This includes a single user license.
Check our FAQ for more info. For group subscriptions please contact us.

Most Popular

Venture Global’s vessel arrives at Plaquemines LNG plant

The 174,000-cbm LNG carrier was on Tuesday located at the LNG plant along the Mississippi River, according to its...

LNG Canada pipeline enters commercial service

Canada's TC Energy said on Tuesday CGL had executed a commercial agreement with LNG Canada and CGL customers that...

Japan’s K Line on track with LNG fleet growth plans

According to K Line's latest financial report, the firm had 46 LNG carriers in its fleet as of the...

More News Like This

Flex LNG carrier available for charter from end of Q1 2025

In May this year, the owner of 13 liquefied natural gas carriers said it secured a time charter deal...

Flex secures charter extensions for LNG carrier duo

Flex said in a statement on Thursday it had agreed with the charterer of Flex Courageous and Flex Resolute,...

Flex LNG wraps up $430 million financing round

The owner of 13 LNG carriers announced the two facilities in its second-quarter results report. According to a statement by...

Flex LNG reports lower Q2 results, expects higher earnings in H2

The owner of 13 LNG carriers said on Wednesday vessel operating revenues were $84.7 million for the April-May period,...