LNG

July 12 (LNGJ) - Flex LNG, the Oslo-listed operator of a growing fleet, said it completed a sale-leaseback transaction for the 1740,000 cubic metres capacity carrier, the “Flex Rainbow”, after taking delivery of the vessel from the Samsung Heavy Industries shipyard in South Korea. “The ‘Flex Rainbow’ is the company's fourth LNG carrier on the water while four (other) carriers are currently under construction,” said Flex. The ship has electronically-controlled, gas-injection (MEGI) propulsion provided by German engine-maker MAN Energy Solutions.