May 23 (LNGJ) - Flex LNG, the Norwegian shipping company with a fleet of 13 vessels and several chartered to some of the largest market players, reported a doubling of first-quarter net income to $33.2 million from $16.5M in the same three months of 2023.
In quarterly highlights, Flex said it extended the charters by two years for the “Flex Resolute” and “Flex Courageous” until at least the first quarter of 2027 and the “Flex Endeavour” by 500 days to the first quarter of 2032. In its outlook for the second quarter, the company expected time charter equivalent rates to be between $72,000 per day and $74,000 per day.
