Flex LNG - Time Charter for Flex Courageous extended by 2 years from 2025 to 2027 [Yahoo! Finance]
FLEX LNG Ltd. Ordinary Shares (FLNG)
Company Research
Source: Yahoo! Finance
charterer of Flex Courageous, a super major, has exercised its first extension option. Flex Courageous was fixed on a three-year Time Charter on November 1, 2021 , together with Flex Resolute which was also recently extended by two years until 2027. The commencement of the Time Charter for Flex Courageous was February 2022 . Under the Time Charter, the charterer has the option to extend the period by two consecutive two year periods. Following this first option declaration, Flex Courageous will be firm until first quarter of 2027. The charterer will then have a final option to extend the Time Charter by another two years until 2029. Please find the updated contract overview attached. Øystein Kalleklev, CEO of Flex LNG Management AS, commented: "We are pleased that the charterer of Flex Courageous has decided to extend the Time Charter in line with what was recently done for Flex Resolute. This means that earliest redelivery for the ship is 2027 where the charterer has a further
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FLNG
News
- Flex LNG - Annual General Meeting 2024PR Newswire
- Flex LNG - Mandatory notification of trade by PDMR [Yahoo! Finance]Yahoo! Finance
- Flex LNG - Mandatory notification of trade by PDMRPR Newswire
- FLEX LNG: Bet On Resilient Demand For LNG Carriers [Seeking Alpha]Seeking Alpha
- Flex LNG - Time Charter for Flex Endeavour extended to 2032 [Yahoo! Finance]Yahoo! Finance
FLNG
Earnings
- 2/7/24 - Beat
FLNG
Sec Filings
- 5/2/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/16/24 - Form 6-K
- FLNG's page on the SEC website