John Fredriksen-controlled Flex LNG cares about its shareholders’ rights.

That is what chief executive Oystein Kalleklev told analysts on Wednesday as he took a swipe at International Seaways’ efforts to block investment by an arm of Fredriksen’s Seatankers Group in the New York-listed tanker owner.

Kalleklev used a first-quarter results briefing and the publication of Flex’s 2021 environmental, social and governance (ESG) report to stress the “G” in ESG in what then morphed into a thinly veiled swipe at International Seaways.