Flex LNG expects solid earnings with large number of contracts

On average, the tanker operator’s vessels are chartered out for the next four years, and future scrapping of old tonnage could make the market even better.
Gas tanker from the Norwegian gas shipping company Flex LNG. | Photo: Stephane Mahe/Reuters/Ritzau Scanpix
Gas tanker from the Norwegian gas shipping company Flex LNG. | Photo: Stephane Mahe/Reuters/Ritzau Scanpix

Despite falling spot prices for liquefied natural gas (LNG) at the moment, Norwegian tanker Flex LNG still expects a solid financial result this year.

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