History and Development of the Company
Flex LNG Ltd. was initially incorporated under the laws of the British Virgin Islands in September 2006. In 2009, we completed our initial public offering of our ordinary shares on the Oslo Axess under the symbol “FLNG.” In June 2017, we re-domiciled the company to Bermuda and in July 2017 we transferred the listing of our ordinary shares from Oslo Axess to the Oslo Stock Exchange in order to increase our visibility to investors and to facilitate trading liquidity. In June 2019 Flex LNG was listed at New York Stock Exchange, also under the symbol “FLNG”. Information for investors can be found here.
Flex LNG Ltd. is a a growth-oriented owner and commercial operator of fuel efficient, fifth generation LNG carriers. Flex own and operate six M-type, Electronically Controlled, Gas Injection (“MEGI”) LNG carriers. In addition, we have agreed to acquire three new MEGI LNG carriers (of which all three vessels are constructed with a full re-liquefaction systems) and four Generation X Dual Fuel (“X-DF”) LNG carriers, which are scheduled to be delivered to us during 2020 and 2021. Our business currently focuses on the expansion of our Fleet and execution of our chartering strategy to seek balanced employment for the vessels in our Fleet, including employment for our Newbuilding Vessels upon delivery to us, through actively marketing our vessels in both the term and spot market.