John Fredriksen-controlled Flex LNG has fixed one of its trading vessels for up to two years in a contract with Spanish utility Endesa.

The 174,000-cbm Flex Ranger (built 2018) will start a firm 12-month charter with Endesa in June 2020, after its contract expires with the utility's Italian parent Enel.

The direct continuation deal includes an option to extend the hire by an additional 12 months.