Norwegian owner Flex LNG has signalled a focus on long-term time charters for its next newbuildings.

CEO Oystein Kalleklev said on a conference call on Wednesday: "We have seen the market grow very rapidly, and an under-investment in ships from 2016 to the first half of 2018 due to poor freight markets in 2014, 15, and 16.

"So we could get good slots and good prices and there was demand for these ships when they delivered.