Flex LNG secures Time Charter extension for Flex Courageous and Flex Resolute by up to 10 years from 2029
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Flex LNG Ltd has secured a time charter extension for its LNG carriers, Flex Courageous and Flex Resolute, with a Supermajor. The new firm period is from 2029 to 2032, with an option to extend until 2039.
November 07, 2024 | 6:45 am
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Flex LNG Ltd has extended its time charter agreements for two LNG carriers, potentially securing revenue streams until 2039. This long-term agreement with a Supermajor enhances the company's stability and future earnings visibility.
The extension of time charters for Flex LNG's vessels with a Supermajor indicates a strong partnership and secures long-term revenue. This enhances the company's earnings visibility and stability, likely leading to a positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100