John Fredriksen is selling two privately owned LNG carriers to Oslo-listed Flex LNG, in which he is already the dominant shareholder.

The high-end MEGI newbuildings are on order at DSME with scheduled delivery due in early 2018 and their arrival will double the Flex fleet.

Flex LNG said the deal would position it to capitalize on the expected tightening in the LNG shipping market and anticipated growth in the FSRU space.

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