John Fredriksen-controlled Flex LNG has logged its highest net income to date and is bullish about its first quarter charter rates, but the company is preparing for challenging markets.
Reporting fourth-quarter results, Flex LNG Management chief executive Oystein Kalleklev said that based on fixtures to date, the company anticipates that the time-charter equivalent rates for its vessels in the first quarter of 2020 will be close to $70,000 per day.
