Flex LNG reports higher earnings, expects freight market to remain volatile

Norwegian LNG carrier owner Flex LNG reported higher revenues and net income in the second quarter due to high spot earnings from two vessels, while the company expects the freight market to remain volatile for the remainder of this year.

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TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

K Line, Petronas name LNG carrier duo in China

Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.

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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.