CorporateEuropeVessels

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

By LNG Prime Staff
Flex LNG reports higher earnings, expects freight market to remain volatile
Image: Flex LNG

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.

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

LNG Terminals

First Nations plan new Canadian LNG export project

Kino Aski and Marinvest Energy Canada rebealed plans to jointly develop Kino Aski LNG, a First Nations–led liquefied natural gas (LNG) project designed to supply Europe.
Corporate

ALNG expects to enter LNG trading by year-end

Norway’s ALNG, the owner of two TFDE LNG vessels, expects to enter LNG trading with its first transaction by the end of this year, according to interim CEO Jens-Julius Ramdahl Nygaard.
Contracts and Tenders

ExxonMobil dishes out $1.1 billion in Rovuma LNG contracts

US energy giant ExxonMobil and its partners in the planned Rovuma LNG project in Mozambique have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment.
spot_img

More News Like This

Contracts and Tenders

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.
Contracts and Tenders

Flex LNG bags new charter deal

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

Flex bags charter extensions for LNG carrier duo

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

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.