AsiaVessels

Flex LNG takes delivery of first 2021 newbuild

By LNG Prime Staff
Flex LNG takes delivery of first 2021 newbuild
Image: Flex LNG

Flex LNG has on Friday taken delivery of the first newbuild in 2021 boosting its fleet to eleven vessels in operation.

South Korea’s Daewoo Shipbuilding & Marine Engineering delivered the Flex Freedom at 08:15 Korea time or 00:15 Central European Time.

Seems like Flex timed the handover to enter 2021 as the first owner to take an LNG carrier delivery.

Announcing the delivery last month, the Norway-based shipping company said the vessel would be delivered in a “red hot gas market” as spot LNG prices surged to record highs.

Flex Freedom features MAN’s high pressure two-stroke slow-speed propulsion system (ME-GI) and GTT’s NO96 containment system. It also has a full reliquefaction system with a boil-off rate of 0.035% per day.

The vessel is one of the three remaining unfixed newbuildings besides Flex Volunteer and Flex Vigilance.

Additionally, another two carriers will join the Flex fleet by the second quarter for a total of thirteen vesels.

Most Popular

LNG Terminals

Venture Global gets FERC OK to boost Calcasieu Pass LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to increase the peak liquefaction capacity of its Calcasieu Pass LNG terminal in Louisiana.
Contracts and Tenders

Samsung Heavy cancels LNG carrier contract with Russia’s Zvezda

South Korean shipbuilding giant Samsung Heavy Industries has terminated contracts for 10 ice-class Arc7 LNG carriers and seven shuttle tankers with Russia's Zvezda.
LNG Terminals

Golden Pass LNG construction continues to advance

Energy giants QatarEnergy and ExxonMobil, along with their contractors, continue to advance construction on their massive Golden Pass LNG export facility in Texas.

More News Like This

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.
Corporate

Flex LNG’s CEO Kalleklev resigns

Øystein Kalleklev has resigned as Flex LNG's chief executive officer. The LNG shipping company has appointed its chief commercial officer, Marius Foss, as interim CEO.

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