Sky-high rates behind Flex LNG's improved result
Gas tanker operator Flex LNG continues to bring in major earnings on the red-hot market for liquefied natural gas, according to the company’s Q3 report. A refinancing deal unleashes a big figure in USD millions.
by DAG HOLMSTAD
The average time charter equivalent (TCE) rate of nearly USD 76,000 per day have in the third quarter been instrumental in prolonging strong performance of Flex LNG, which achieved a net result of USD 46m – a small improvement from the preceding quarter’s USD 44m, the company informs in a statement on the financial report.
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