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    Flex Brings Forward LNGC Delivery

Summary

The shipowner cited strong market conditions as its reason for seeking early delivery.

by: Joe Murphy

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Flex Brings Forward LNGC Delivery

Bermuda-registered Flex LNG has brought forward the delivery of its Flex Volunteer LNG carrier, the vessel owner reported on social media on January 9, citing strong market conditions.

The vessel, built by South Korea's Hyundai Samho Heavy Industries yard, was due to join Flex LNG's fleet at the end of February. "However, given the strong market and the fact she has been uncommitted, we are now taking her out in the second half of January," Flex LNG said.

Flex Volunteer has a 174,000-m3 LNG storage capacity and is the company's third LNGC to be fitted with a low-pressure slow-speed two-stroke engine. The vessel will become Flex LNG's 12th ship on the water and the second to be delivered in 2021. Flex LNG received Flex Freedom on January 1 from South Korea's Daewoo Shipbuilding & Marine Engineering.

The company is expecting one more vessel this year, Flex Vigilant, in May.