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Fredriksen tipped to be behind LNG pair at Samsung Heavy

Photo of Sam Chambers Sam ChambersJune 7, 2019
13 Less than a minute
Flex LNG

John Fredriksen’s Flex LNG has been tipped by brokers to be behind orders for another pair of LNG carriers worth a total of $380m, due for delivery from Samsung Heavy Industries in mid-2022. The Korean yard revealed the order in a release without naming the owner, merely stating the company is based in Bermuda.

This would represent a repeat order for Flex LNG. Last year it took delivery of two 174,000 cu m Samsung Heavy-built gas carriers, the Flex Ranger and the Flex Rainbow.

The latest contracts take Samsung Heavy’s LNG orderbook to 10 units.

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Photo of Sam Chambers Sam ChambersJune 7, 2019
13 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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