Olso-listed Flex, which has a brace of 174,000-cbm LNG carriers under construction at Samsung Heavy Industries, booked a deficit of around $0.5m for the period.
It compared with a $209m profit in the corresponding quarter of 2013.
Fredriksen-related Geveran Trading is the largest shareholder in Flex, with 41 million shares, representing a 32.4% stake.
This has triggered a mandatory offer for the remaining shares of Flex, and the company said a statement on the offer will be issued in due course.
On
