Lower freight rates pull down Flex LNG

Fredriksen-owned gas carrier Flex LNG exits the second quarter with markedly lower results in the revenue and bottom line. However, lower gas inventories and fewer newbuilds give way to an optimistic outlook.
Photo: Flex LNG
Photo: Flex LNG

Following a record start to the year, Flex LNG, which transports liquefied natural gas (LNG) via its fleet of 13 LNG vessels, reports significant decline in the second quarter.

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