Flex LNG

Despite sliding global LNG prices over the past several months, Flex LNG Ltd. management said heightened European and Asian prices compared to Henry Hub are expected to continue driving U.S. infrastructure investment through the middle of the decade. During an earnings call Tuesday, CEO Oystein Kalleklev said falling liquefied natural gas prices during the fourth…

Flex LNG Ltd. expects the market for LNG vessels to remain tight and charter rates to stay lofty for the next several years, especially if Europe faces a chilly winter this year, continuing the shipping firm’s streak of record revenues. Headed into next year, CEO Øystein Kalleklev said Europe is expected to maintain a strong…

Major shippers of liquefied natural gas (LNG) have been expecting the market to grow tighter as demand outpaces production growth, but geopolitical tensions are requiring transporters to stay on their toes, according to Flex LNG Ltd. Flex management reported last week that the fluctuating market dynamics worked out in its favor last year, with significant…

The liquefied natural gas (LNG) shipping market is expected to tighten in the coming years as carrier owners fill charters and older, higher emitting vessels are pushed out of the market, Flex LNG Ltd. CEO Øystein Kalleklev said. One-year term charter rates have risen since the start of the year as global LNG demand has…