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Flex LNG Extends Charter for 2018-Built LNG Carrier

January 16, 2020

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With this extension, the firm period under the time charter is until the end of the first quarter of 2021. The charterer also has remaining extension options.

The time charter rate is variable as a function of the overall market conditions, according to the company.

“Flex LNG Fleet Management took over ship management responsibilities for this ship in November 2019 so we are particularly pleased that the charterer has elected to extend this time charter,” Øystein M. Kalleklev, Chief Executive Officer of Flex LNG Management, commented.

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