Flex LNG ready to take leading role in consolidation

The LNG market is "fragmented", and there is potential for greater consolidation, John Fredriksen's Flex LNG says to ShippingWatch. The shipping company says it is prepared to buy up, according to CEO.

Photo: Flex LNG

John Fredriksen's Flex LNG is prepared to start buying up competitors if the right opportunity presents itself, says the shipping company's CEO Øystein Kalleklev in an interview with ShippingWatch.

The announcement comes shortly after the gas carrier filed for a listing on the stock exchange in New York. The listing is part of the gas shipping company's ambition to get access to capital on the US market in addition to what it has access to on the Oslo Stock Exchange.

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