Flex LNG takes delivery of first 2021 newbuild

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

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

Top 5 news of the week August 24-30

LNG Prime brings you the five most popular news stories on our platform during the week of August 24-30, 2026.

Germany’s BASF gets first LNG cargo under Cheniere contract

German chemicals giant BASF has received its first liquefied natural gas (LNG) cargo under a long-term contract with US LNG exporter Cheniere.

More News Like This

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.

Knutsen orders another LNG carrier at Hanwha Ocean

Norwegian owner Knutsen has ordered another liquefied natural gas (LNG) carrier from South Korea's Hanwha Ocean, according to shipbuilding sources.

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.

Knutsen orders LNG carrier at Hanwha Ocean

Norwegian owner Knutsen has ordered one liquefied natural gas (LNG) carrier from South Korea's Hanwha Ocean, according to shipbuilding sources.