LNG

Flex LNG, the growing shipping company with six vessels operating and seven others on order and whose largest shareholder is Norwegian magnate John Fredriksen, reported favourable market conditions in the second half of 2019 even in the face of lower natural gas prices.

Dreifa Energy, a new LNG company founded by Norwegians, and fleet operator and services company Bernhard Schulte Shipmanagement (BSM) have signed an operational partner agreement for floating terminals.