Flex LNG LTD secured an extension for its time-charter agreement for liquified natural gas (LNG) tanker, Flex Enterprise. The original agreement commenced in late 2019 and, under the new extension, will go through Q1 of 2021. The agreement also allows for additional extensions.
Flex LNG CEO 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.”