Flex LNG takes delivery of its first 2020 newbuild

Norway-based shipping company Flex LNG has taken the delivery of its first newbuild carrier for this year and expects additional vessels to follow shortly.

South Korea’s Hyundai Samho Heavy Industries delivered the 174,000-cbm Flex Aurora on Wednesday.

The LNG shipping company controlled by billionaire John Fredriksen said last month it would take the delivery of the vessel by end-July.

Flex Aurora features WinGD low-pressure X-DF engines and GTT’s Mark III Flex containment system.

The company recently also said it secured employment for the newbuild along with two other carriers.

Flex LNG expects to take the delivery of the vessel’s sister ship Flex Amber soon followed by Flex Volunteer and Flex Vigilant.

The company currently has seven vessels on the water and an additional six newbuildings under construction at Hyundai Heavy and DSME.

Most Popular

Wison scores Suriname FLNG gig

China’s Wison New Energies has signed a detailed feasibility study deal for a newbuild floating liquefied natural gas (FLNG) facility in Suriname's offshore Block 52.

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

The third phase of YPF's Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.

Atlantic LNG shipping rates jump this week

Atlantic LNG freight shipping rates jumped this week, while European prices decreased compared to last week.

More News Like This

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.

Flex LNG plans Oslo delisting

Kalleklev said during Flex LNG's earnings call on Tuesday that the decision is driven by the high costs of...

Flex LNG expects 2025 to be in line with last year

Flex LNG reported revenues of $355 million in 2024, down from $371 million in 2023 and a rise compared...

Flex seals 15-year LNG carrier charter deal

Flex LNG said on Friday the charter will start during the first or second quarter of 2026 with maturity...