Gunvor takes Flex LNG newbuild on long-term charter

Gunvor takes Flex LNG newbuild on long-term charter

John Fredriksen’s Flex LNG has entered into a long-term time charter with Gunvor’s Clearlake Shipping.

The vessel chartered is hull 2479, currently under construction at South Korea’s DSME, and the charter is for five years firm and with options up to ten years.

Kalpesh Patel, co-head of LNG at Gunvor, commented: “Gunvor is continuously searching for ways to meet our customer’s requirements in a safe and efficient manner. Working with a first class Owner like Flex LNG helps us achieve that goal. This charter builds on our already deep and successful relationship and we look forward to taking delivery of one of the most technologically advanced LNG vessels in the world to serve our long term portfolio.”

Øystein Kalleklev, CEO of Flex LNG Management, added: “We are very pleased to enter into this long-term charter with a top-tier customer like Gunvor which has been the most active LNGC spot trader in the burgeoning LNG trade. We are confident that our vessel will be very suitable for their trade given the very high technical specification of this vessel. This charter is also in line with our strategy of delivering incremental higher level of backlog as we are growing our fleet of vessels on the water.”

Delivery of the vessel, which will be named Flex Artemis, is scheduled for August 2020.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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