Flex LNG inks sale and leaseback deal for newbuild LNG carrier

Flex LNG inks sale and leaseback deal for newbuild LNG carrier

John Fredriksen’s Flex LNG has executed a sale and leaseback deal for newbuild LNG carrier Flex Rainbow.

The company just took delivery of the 174,00 cu m LNG carrier from Samsung Heavy Industries this week, and the vessel has commenced a 6-month time charter with a major European energy company.

The Flex Rainbow is Flex LNG’s fourth LNG carrier while another four LNG carriers are currently under construction.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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