Flex LNG ups time charter coverage as spot market wallows

Company opts to fix out redelivering vessel through into 2025 as newbuildings flood market

Oystein Kalleklev says Flex expects to see ‘a substantial uptick’ in the scrapping of older steam tonnage. — Oystein Kalleklev says Flex expects to see ‘a substantial uptick’ in the scrapping of older steam tonnage.Photo: Capital Link

Lucy Hine

TradeWinds correspondentLondon

Published 23 May 2024, 06:18Updated 24 May 2024, 08:12

Flex LNG Oystein Kalleklev LNG carriers Norway John Fredriksen