FLEX LNG’s cover photo
FLEX LNG

FLEX LNG

Maritime Transportation

Hamilton, Hamilton 42,901 followers

A leading LNG shipping company with a fleet of 13 LNG carriers fitted with newest two stroke (MEGI/XDF) propulsion.

About us

Flex LNG is a LNG shipping company with a fleet of next generation LNG carriers. Our fleet consists of thirteen modern LNG ships built at leading Korean shipyards for delivery throughout 2018-2021. All vessels are equipped with slow speed, two-stroke engines – MEGI or X-DF propulsion – which provides Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil off rates. Flex LNG is listed both on New York Stock Exchange (NYSE) on the Oslo Stock Exchange (OSE) under ticker "FLNG".

Website
http://www.flexlng.com/
Industry
Maritime Transportation
Company size
51-200 employees
Headquarters
Hamilton, Hamilton
Type
Public Company
Founded
2006
Specialties
LNG Shipping, shipping, LNG, Natural gas, and gas

Locations

Employees at FLEX LNG

Updates

  • 🚨 Missed FLEX LNG’s Q1 2026 Earnings Presentation? You can now watch the full webcast replay via the link below 📽️👇 Some key takeaways from the quarter: 📊 Revenues of $78m (excluding EUAs) 🚢 Fleet-wide TCE rate of ~$65,700/day ⚡ Adj. net income of $16.9m 📈 FY2026 guidance increased across revenues, TCE, and EBITDA 🤝 FLEX LNG capitalized on the stronger market by securing a new two-year contract for Flex Aurora, while further strengthening backlog visibility through charter extensions for Flex Resolute and Flex Courageous through 2032. 💸 The Board also declared another quarterly dividend of $0.75/share — our 19th consecutive ordinary quarterly dividend at this level, distributing more than $810m since 2021. 🛡️ Most importantly, all our seafarers remain safe, and none of our vessels operated inside the Strait of Hormuz during the conflict period. Watch the full presentation and Q&A with CEO H. Marius Foss and CFO Knut Traaholt in the link provided in the comments below.

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  • 🚢 FLEX LNG Q1-2026 Financial Results 🚢 We are presenting our first quarter 2026 results today, and the key figures are as follows: 📊 Revenues: $78m (excluding EUAs) 🚢 Fleet-wide TCE rate: ~$65,700/day ⚡ Adj. net income: $16.9m 📈 Q1 reflected the seasonal low period in LNG shipping, but market conditions tightened significantly toward the end of the quarter following disruptions to Qatari LNG exports and broader geopolitical uncertainty in the Middle East. 🔥 Reflecting the stronger market backdrop and with 91% of our remaining 2026 operating days already covered, we are increasing our FY2026 guidance: • Revenues: $345–370m (+10%) • Fleet-wide TCE rate: $73–78,000/day (+8%) • Adj. EBITDA: $255–280m (+11%) 💰 Supported by a strong financial position, the Board has declared another quarterly dividend of $0.75/share, our 19th consecutive ordinary quarterly dividend at this level. 🎥 We have summarized the key highlights of the quarter in the teaser below. As always, we are hosting a live video webcast at 15:00 CEST / 09:00 AM EST, where CEO H. Marius Foss and CFO Knut Traaholt will present the results, discuss the LNG shipping market, and conclude with a Q&A session.

  • Tune in tomorrow for FLEX LNG’s Q1-2026 earnings release 📈 🍿 📺 The dynamic duo of CEO H. Marius Foss and CFO Knut Traaholt will present the financial results for the first quarter of the year and share their latest views on the exciting LNG shipping markets 🌍🚢 Topics will include the disruption of Qatari LNG export volumes and other key industry trends. 🎥 Webcast starts at 15:00 CEST / 09:00 AM EST 🔗 Link to the webcast in the comments below. #shipping #lng #dividends #maritime

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  • View organization page for FLEX LNG

    42,901 followers

    📈 New contract for Flex Aurora 📈 We’re pleased to announce that FLEX LNG has entered into a new Time Charter Agreement for Flex Aurora with prompt delivery, further strengthening our contract portfolio. 📄 Key highlights: • Minimum firm period of 2 years • Extension options of 2+2+2 years (up to 8 years total) • Potential employment through 2034 🚢 Built in 2020, Flex Aurora is a 174,000 cbm LNG carrier with efficient X-DF propulsion. We are pleased to see the vessel quickly finding new employment following the redelivery from its previous 3.5-year charter in the first half of March, continuing to deliver safe, reliable and flexible LNG shipping. 📊 Following this agreement, FLEX LNG contract backlog stands at a minimum of 55 years, with potential to increase to 82 years if all options are exercised. #FlexLNG #LNGShipping #EnergyMarkets #Shipping #Maritime #Dividends

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  • 🚢FLEX LNG announces contract extensions and fleet update 🚢 We have received notice from a charterer exercising extension options for Flex Resolute and Flex Courageous, securing firm employment for both vessels until at least Q1-2032. This brings Flex LNG’s firm contract backlog to 53 years, with potential to increase to 74 years 📈 In addition, Flex Constellation commenced its 15-year time charter earlier in March 2026 with a large Asian utility and asset-backed LNG trader, securing firm employment through 2041 👏👏👏 Together, these milestones strengthen our long-term earnings visibility and maximize fleet utilization 💰 For more information, please see the full press release in comment below. #shipping #stocks #lng #energy

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  • 🚨 Missed FLEX LNG’s Q4 2025 Earnings Presentation? No problem! Catch up on the full webcast replay via the link below 📽️🍿 Key highlights from the quarter: 📊 Revenues: $85m (adjusted for EUAs) 🚢 TCE rate: ~$70,100/day 💰 Adj. EBITDA: $62m ⚡ Adj. net income: $23m (adj. EPS: $0.43/share) 💸 Dividend update: The Board declared another ordinary dividend of $0.75/share—marking the 18th consecutive dividend at this level, for a 12-month total of $3.00/share. Watch the full presentation and Q&A with our dynamic CEO H. Marius Foss and CFO Knut Traaholt by clicking the link in the comments.

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  • 🚢 FLEX LNG Q4-2025 Financial Results 🚢 We are presenting our fourth quarter results today February 11, and the key figures are as follows: 📊 Revenues: $85m (adjusted for EUAs) 🚢 TCE rate: ~$70,100/day 💰 Adj. EBITDA: $62m ⚡ Adj. net income: $23m, which equals adj. EPS of $0.43/share 📈 Minimum of 50 years of firm contract backlog, which may increase to 75 years with charterers' extension options. 🔥 We deliver smack on our FY2025 guidance, and with a strong financial position, the Board has decided to declare another ordinary quarterly dividend of $0.75 per share - the 18th consecutive time paying an ordinary dividend of $0.75. Our running twelve-month dividends amount to $3.0 per share, yielding an attractive ~11.5%. ⚡ We have summarized the key highlights of the fourth quarter in the teaser below. As always, we are hosting a live video webcast at 15:00 CET / 09:00 am EST. During the webcast, our CEO, H. Marius Foss, and CFO,  Knut Traaholt will present the numbers, give an update on the broader LNG market, and finish off with a Q&A session.

  • 🚢 FLEX LNG will release its Q4 2025 results Wednesday February 11 🚢 We will be publishing our quarterly earnings release and presentation at 07:00 CET, followed by a webcast at 15:00 CET (09:00 a.m. EST) with CEO H. Marius Foss and CFO Knut Traaholt. Join us for: 📊 A deep dive into our Q4 2025 results 🌍 Insights into the dynamic LNG market 💬 A Q&A session Link to the webcast in the comments section below

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  • 🚢It was a pleasure to visit Flex Volunteer while she was in drydock in Singapore, undergoing her five-year special survey🚢 Our CEO H. Marius Foss. Marius and Chartering Manager Alexander Nilsen had the opportunity to see the progress first hand and meet the people behind the work. A big thank you to Captain Aimee Paal and crew for their dedication throughout the docking period, and to the FLEX LNG technical team for undertaking the 11th Special Survey in our fleet. Excellent teamwork and commitment continue to set a high standard across our operations. Well done to everyone involved. 👏👏👏

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  • 🚀 Leadership Announcement at Flex LNG 🚀 💼 We’re pleased to share that the Board has appointed H. Marius Foss as the new CEO of FLEX LNG 🌊 Marius has served as Interim CEO and CCO, and since joining Flex LNG in 2018, he’s been central to shaping and executing our commercial strategy. With 35+ years of shipping experience, he brings deep expertise and proven leadership! Please join us in welcoming Marius into his new role. 👏

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Similar pages

Funding

FLEX LNG 1 total round

Last Round

Post IPO debt

US$ 430.0M

See more info on crunchbase