LNG

Flex LNG Ltd, the growing LNG shipping company listed on the Oslo bourse and based in Bermuda and whose shareholders include trusts connected to Norwegian shipping magnate John Fredriksen, more than doubled first-half revenues compared with the year before, though reported a loss as it awaited more of its own ships to begin charter operations.

Flex LNG, the Oslo-listed shipping and projects company backed by funds controlled by Norwegian shipping magnate John Fredriksen, reported a widened first-quarter loss and the departure of Chief Executive Jonathan Cook.