John Fredriksen-controlled Flex LNG would look at acquiring modern LNG tonnage in the current coronavirus-hit, low demand shipping market.

Flex chief executive Oystein Kalleklev told an online investor forum chaired by J Mintzmyer of Value Investor’s Edge that for the first time in LNG history some of the companies who have ordered LNG ships at South Korean shipyards are going to look if they can flip their contracts to get out of them.