By LNG World News Flex LNG, the shipping company controlled by billionaire John Fredriksen, plans to purchase two liquefied natural gas (LNG) carriers from its largest shareholder, Geveran Trading.
The acquisition of the two shipbuilding contracts would give Flex LNG a uniform fleet of four M-type, Electronically Controlled, Gas Injection (MEGI)-powered vessels, the company said in a statement on Thursday.
Furthermore, the transaction would consolidate all Geveran’s LNG assets and activities in Flex, which would be positioned to capitalize on the expected tightening in the LNG shipping market, and on the expected strong growth in the markets for LNG shipping and FSRUs, it said.
The two LNG
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