John Fredriksen’s Flex LNG saw its shares race out of the gate in Oslo this morning amid suggestions of potential floating storage business in the market.

Flex stock saw its largest climb this year, rising by 6.5% in early trading in Oslo, Bloomberg noted.

While rates for conventional LNG carriers were flat last week at $54,500 per day, according to Poten & Partners, dynamics in the gas market could open up fresh business for shipowners.