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Flex LNG extends time-charter agreement

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LNG Industry,

Flex LNG Ltd has announced the extension of the current time-charter agreement for the vessel Flex Enterprise.

With this extension, the firm period under the time charter is end of 1Q21. The charterer also has remaining extension options. The time charter rate is variable as a function of the overall market conditions.

Øystein M. Kalleklev, Chief Executive Officer of Flex LNG Management commented:

“We are happy to announce another time charter extension, this time for Flex Enterprise. Flex LNG Fleet Management took over ship management responsibilities for this ship in November 2019, so we are particularly pleased that the charterer has elected to extend this time charter.”

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