AsiaVessels

Another carrier set to join Flex LNG fleet

By Mirza Duran
Another carrier set to join Flex LNG fleet
Image: Flex LNG

Norwegian shipping firm Flex LNG will add another vessel to its fleet next week boosting the total number of carriers in operation to eight.

South Korea’s DSME will deliver the 173,400-cbm Flex Artemis on August 17, according the firm controlled by billionaire John Fredriksen.

Once delivered, the LNG carrier will start its long-term charter deal with Clearlake Shipping, a unit of energy trader Gunvor.

The time charter is for a period of up to ten years where the first five years are firm.

Flex Artemis is fitted with MAN’s high pressure two-stroke slow-speed propulsion system (ME-GI) and GTT’s NO96 containment system.

It also features a reliquefaction system with a boil-off rate of 0.035% per day.

This is the second newbuild of the year for the LNG shipper following the delivery of the 174,000-cbm Flex Aurora last month.

Flex LNG has five more newbuilds on order in South Korea with three scheduled for delivery this year and two in the first half of 2021.

Most Popular

LNG Terminals

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.
Vessels

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.
Contracts and Tenders

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

Corporate

Flex LNG to delist from Oslo Stock Exchange in September

Norwegian LNG carrier owner Flex LNG will be delisted from the Oslo Stock Exchange in September.
Vessels

Flex completes refinancing of one LNG carrier

Norwegian owner Flex LNG has completed the $175 million Jolco lease financing for its 173,400-cbm LNG carrier, Flex Courageous.
Contracts and Tenders

Flex LNG carrier available for charter later this year

Norwegian owner Flex LNG will have one LNG carrier available for charter later this year as the current charterer decided not to exercise its extension option.
Vessels

Hanwha Ocean expects LNG newbuild market to recover in second half

South Korean shipbuilder Hanwha Ocean expects the LNG newbuilding market to recover in the second half of this year due to new US LNG export projects.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA