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Flex LNG takes delivery of Flex Endeavour

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LNG Industry,

On 9 January 2018, at 09:31 local Korean time, Flex LNG successfully took delivery of its first LNG carrier newbuilding the Flex Endeavour.

In connection with the delivery US$105 million of the secured term loan facility was paid out and a further US$105 million has been pre-positioned for the delivery of sister vessel Flex Enterprise which is scheduled for delivery on 11 January 2018.

Flex Endeavour is expected to commence its time charter with Uniper Global Commodities on or about 12 January 2018 following crew mobilisation and completion of safety drills.

Jonathan Cook, Chief Executive Officer, commented: "We are pleased to finally take delivery of our first newbuilding and her sister vessel later this week. We are also looking forward to deliver Flex Endeavour to Uniper which is a first class charterer."

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