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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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