Geveran invests in Flex LNG

John Fredriksen’s Geveran Trading has purchased about 15.5 milion shares in Flex LNG.

“The Board of Directors of Flex LNG believes that Geveran’s investment in Flex LNG serves to illustrate the value potential in the company and is looking forward to a positive dialogue with Geveran as the largest shareholder of Flex LNG,” the company said in a statement released today.

Flex LNG is currently having two 174,000 cbm LNG carriers constructed by Samsung Heavy Industries. Both vessels are scheduled for delivery in the first quarter of 2017.

LNG World News Staff, September 24, 2014; Image: Flex LNG