Flex LNG goes public on NYSE

Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, completed its listing on New York Stock Exchange (NYSE).

The Flex LNG stock will trade under the ticker FLNG which is the same as the ticker on Oslo Stock Exchange, the company said in a brief social media statement.

With the commencement of trading on the NYSE, the company’s shares will be listed for trading on both the NYSE and the Oslo Stock Exchange in each case under the ticker symbol ‘FLNG’.

Flex LNG fleet currently consists of thirteen LNG ships, five existing and eight under construction for delivery throughout 2019-2021.

The latest vessel to join the fleet earlier this month was the 173,400-cbm Flex Constellation, built by the South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME).