Today, Flex LNG successfully took delivery of its first LNG carrier newbuilding the Flex Endeavour.

Flex LNG takes delivery of Flex Endeavour, its first LNG carrier newbuilding
Caption: LNG carrier Flex Endeavour - Image courtesy of FLEX LNG

In connection with the delivery USD 105m of the secured term loan facility was paid out and a further USD 105m has been pre-positioned for the delivery of sister vessel Flex Enterprise which is scheduled for delivery on 11 January 2018.

Flex Endeavour is expected to commence its time charter with Uniper Global Commodities on or about 12 January 2018 following crew mobilization and completion of safety drills.

Jonathan Cook, Chief Executive Officer, commented: "We are pleased to finally take delivery of our first newbuilding and her sister vessel later this week. We are also looking forward to deliver Flex Endeavour to Uniper which is a first class charterer."

Related news: FLEX LNG signs time-charter contract for first LNGC newbuilding

Source: Flex LNG