John Fredriksen’s Flex LNG has entered into agreements to charter four LNG carriers to Cheniere Marketing International, with an option for a fifth LNG carrier.
The charters are for between three years and three and a half years, with options to extend by two years. Flex LNG will deliver newbuild Flex Vigilant to Cheniere in May 2021, two of its existing LNG carriers to Cheniere during the third quarter of 2021, and a further LNG carrier during the third quarter of 2022.
Cheniere has the option to add a fifth LNG carrier during the third quarter of 2022.
Øystein Kalleklev, CEO of Flex LNG Management, commented: “The agreements secure attractive employment for four, possibly five, of our ships with a first-class charterer. Our large and energy efficient ships are particularly well suited for their long-haul trade and align with Cheniere’s efforts to secure required shipping capacity while improving the environmental performance of their overall fleet.”
Flex LNG has a fleet of 13 LNG carriers.