Flex LNG to welcome 10th vessel

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

South Korea’s Hyundai Samho Heavy Industries will deliver the 174,000-cbm Flex Amber during October, according the firm controlled by billionaire John Fredriksen.

Flex said earlier this year it secured a short-term variable time charter for the vessel without providing further details.

Furthermore, the firm also signed a $156.4 million sale and leaseback transaction for the LNG carrier with an Asia-based leasing house.

Flex Amber features WinGD’s XD-F dual-fuel propulsion and GTT’s Mark III containment system. It also has a reliquefaction system with a boil-off rate of 0.085% per day.

This will be the fourth newbuild delivery for Flex in four months. The firm took delivery of Flex Aurora in July, followed by Flex Artemis in August, and Flex Resolute last month.

Additionally, another three LNG newbuilds will join the Flex fleet by the second quarter of 2021 for a total of thirteen carriers.

Most Popular

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

NextDecade, Jera seal 20-year LNG SPA

Japan's Jera has signed a 20-year deal to buy liquefied natural gas from the planned fifth train at NextDecade's Rio Grande LNG facility in Texas.

Australia’s Viva Energy gets OK for Geelong LNG import terminal

Australia’s Viva Energy has secured approval from the Victorian government for its proposed FSRU-based LNG import terminal in Geelong, Australia.

More News Like This

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

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.

HD Hyundai Samho secures LNG-powered containership order

South Korea’s HD Hyundai Samho has secured an order to build LNG-fueled container vessels.

Wan Hai Lines makes LNG fuel switch for eight containerships

Taiwan's Wan Hai Lines has decided to change an order placed for methanol-ready containerships in South Korea to enable the vessels to run on LNG fuel, according to shipbuilding sources.