FLEX LNG

FLEX LNG aims to become a leading supplier of LNG Carriers and Floating Storage & Regasification Units (“FSRUs”) by providing safe, reliable, and cost effective logistic solutions in the LNG shipping industry, utilizing only the newest and most environmentally friendly vessels. FLEX LNG has six highly efficient MEGI LNG newbuildings with a capacity of 174,000 m3 under construction at industry-leading shipyards in South Korea for delivery in 2018 and 2019. MEGI propulsion will significantly reduce fuel consumption combined with minimizing boil-off by using the newest insulation technology. Compared to TFDE vessels, reduction in fuel consumption alone is estimated at ~30%, giving a substantial incentive for charterers to switch to the new technology. The first two FLEX LNG vessels are delivering from yard in the first quarter of 2018. FLEX LNG is listed on the Oslo Stock Exchange under the symbol FLNG.