Feb 23 (LNGJ) - Flex LNG, the Norwegian shipping company with a fleet of 13 vessels and several chartered to some of the largest market players, has seen the charterer of “Flex Courageous”, known to be BP of the UK, exercise its first extension option. The “Flex Courageous” was fixed on a three-year time charter on November 1, 2021, together with the “Flex Resolute” which was also recently extended by two years until 2027.
“We are pleased that the charterer of ‘Flex Courageous’ has decided to extend the Time Charter in line with what was recently done for ‘Flex Resolute’. This means that earliest redelivery for the ship is 2027 where the charterer has a further option to extend her until 2029,” said Øystein Kalleklev, Chief Executive of Flex LNG Management AS. “Flex LNG has about 94 percent charter coverage for the remaining part of 2024, so we remain well positioned with only one ship, the ‘Flex Constellation’, coming open during the second quarter,” Kalleklev added.
