Flex LNG enters new time charter agreement for Flex Aurora

Flex LNG (FLNG) announced it has agreed a new time charter agreement with a minimum firm period of two years for Flex Aurora. The charterer, a Supermajor, is potentially up to eight years. If all options are declared, the vessel will be committed until 2034. The vessel was redelivered from its previous 3.5-years charter in the first half of March, and the vessel has been successful in finding new employment with prompt delivery. Flex Aurora, built 2020, is a modern 174,000 cbm LNG carrier with X-DF two-stroke propulsion. Following this announcement, Flex LNG’s total contract backlog is minimum 55 years, which may increase to 82 years if the charterers exercise their options.