John Fredriksen-controlled Flex LNG will not have a fully open LNG carrier available until mid-2026 and has only one of its 13-ship fleet exposed to the current roaring spot market.

Flex’s quarterly presentation shows the 174,000-cbm Flex Vigilant (built 2021) is due to come off-hire in the middle of 2026. The company has three more vessels which are due to end their charters in 2027.