The LNG carrier owner Flex LNG, announced its extension of the time-charter agreement concerning the 173.400 cbm vessel, “Flex Enterprise”. According to the company, with this extension the firm period under the time charter will be until the end of the first quarter of 2021.
Moroever, the charterer has remaining extension options as the time charter rate is variable as a function of the overall market conditions.
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.
… Chief Executive Officer of Flex LNG Management, Øystein Kalleklev said.
Flex LNG is the owner of three LNG carriers, while another seven are on order at Korean shipyards DSME and Hyundai Heavy.
For the records, “Flex Enterprise” is a 174,400-cbm LNG carrier built by the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) in 2018. The vessel also features MEGI propulsion technology.